PurePay Payments Limited is delighted to announce visionary partnership with Klarna – a Swedish fintech company that provides online financial services such as payments for online storefronts and direct payments along with post-purchase payments.
The partnership, which will provide more payment options for online customers in a bid to help small and medium-sized enterprises grow their businesses, is set to revolutionize digital payments.
As part of our mission to increase financial inclusion for the unbanked, we have committed to investing in our customers and expanding our reach globally. We are delighted to announce that we have partnered with Klarna, the leading multi-currency payments provider in Sweden.
This partnership will enable PurePay to offer more payment options for its customers in a bid to help small and medium-sized enterprises grow their businesses.
The move is also set to revolutionize in the segment as it will give small and medium-sized enterprises a wider financial access that is otherwise difficult to come by as many of them do not have bank accounts.
“We have been working hard since 2018 on ensuring financial inclusion by delivering online payments and payments through mobile wallets,” said Dennis Pedersen, founder and CEO of PurePay Payments Limited. “We are excited to be able to offer more payment options with Klarna as they are an innovative company who have been working towards providing their customers with more benefits across multiple channels.”
PurePay Payments aims to provide inclusive e-commerce payments service for retailers and consumers across Europe and beyond.
Klarna is a Swedish e-commerce company that is based in Stockholm. The company was founded in 2005 and offers online payment services for both merchants and consumers. Klarna is one of the most popular e-commerce companies in the Nordic region, and rapidly growing across Europe and U.S.
The company has grown to be a major player in the online payments segment, with 90 million active consumers across more than 250,000 merchants in 17 countries. The company controlled a roughly 18% share of the U.S. BNPL market as of Nov. 17, according to figures provided to CNBC by research firm YipitData.
Klarna has been featured on the cover of two leading magazines: Forbes and Business Insider, as well as several other publications. The company became a unicorn in 2019 when it raised 460 million dollars with a post-money valuation of 5.5 billion dollars, making it the highest-valued private fintech company in Europe. In 2020, Klarna was honored with the “Epic Brands” award in the bank category.
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