Klarna

Klarna unveils new tools enabling consumers to shop more consciously and take climate action

Retrieved on: 
Wednesday, June 14, 2023

With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.

Key Points: 
  • With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.
  • "We are proud of these new tools that go beyond merely providing information about the environmental impact of purchases.
  • "We recognize the power of Klarna's growing network of 150 million consumers, which comes with a responsibility to leverage our platform for good.
  • These new features follow several other initiatives led by Klarna to provide consumers with the tools and insights they need to shop more consciously.

nShift: Poor delivery and returns options mean 82% of customers abandon shopping carts

Retrieved on: 
Tuesday, June 6, 2023

LONDON, June 6, 2023 /PRNewswire/ -- Some 70% of consumers prefer to shop with independent retailers rather than big online marketplaces.[1] But despite this preference, they will not compromise on the speed or quality of the delivery experience.

Key Points: 
  • [1] But despite this preference, they will not compromise on the speed or quality of the delivery experience.
  • The offering comprises checkout, delivery management, and from Q3 2023, enhanced returns capabilities.
  • Together, these enable retailers to offer a compelling customer experience, provide a range of delivery options for domestic and international shipping, manage inventory more closely, and digitize returns processes.
  • Too often customers abandon their shopping carts due to: excessive "hidden extra" costs like shipping (stated by 48% of shoppers), slow deliveries (22%), and unsatisfactory returns policies (12%).

AirCourts acquired by Spanish competitor Playtomic to accelerate growth in Europe

Retrieved on: 
Wednesday, May 24, 2023

LISBON, Portugal, May 24, 2023 /PRNewswire-PRWeb/ -- PLAYTOMIC (Playtomic, SL), world's largest racket sports community and management software for racket sports, announced it has acquired its Portuguese counterpart AIRCOURTS (AirCourts, Lda.), the leading sports reservation and club management platform in Portugal for an undisclosed sum.

Key Points: 
  • LISBON, Portugal, May 24, 2023 /PRNewswire-PRWeb/ -- PLAYTOMIC (Playtomic, SL), world's largest racket sports community and management software for racket sports, announced it has acquired its Portuguese counterpart AIRCOURTS (AirCourts, Lda.
  • The acquisition will give Playtomic a strong foothold in Portugal, particularly in the padel market where AirCourts currently has 87% of the clubs.
  • This deal will allow the Spanish company to introduce its innovative technology and expand upon AirCourts' established presence to unlock new growth opportunities.
  • The AirCourts team, led by Andre Duarte and Pedro Pessanha, will join Playtomic and will continue to drive expansion efforts in Portugal.

Klarna announces multi-million contribution from internal carbon tax for game-changing climate impact solutions; shares progress on emissions reduction

Retrieved on: 
Wednesday, May 24, 2023

This is the third round of contributions from Klarna's internal carbon tax , totaling $5.07 million since 2021, designed to create maximum long-term climate impact.

Key Points: 
  • This is the third round of contributions from Klarna's internal carbon tax , totaling $5.07 million since 2021, designed to create maximum long-term climate impact.
  • Instead of purchasing carbon credits to make climate neutrality claims, Klarna contributes funds from its internal carbon tax in initiatives tackling climate change to drive greater impact.
  • "Klarna is committed to supporting impactful organizations long-term as a catalyst for change, to help them grow and maximize their impact," said Salah Said, Head of Sustainability, Klarna.
  • The internal carbon tax is set at $100/tonne for all scope 1, 2 and travel emissions (remaining scope 3 emissions set at $10/tonne).

Klarna announces multi-million contribution from internal carbon tax for game-changing climate impact solutions; shares progress on emissions reduction

Retrieved on: 
Wednesday, May 24, 2023

This is the third round of contributions from Klarna's internal carbon tax , totaling $5.07 million since 2021, designed to create maximum long-term climate impact.

Key Points: 
  • This is the third round of contributions from Klarna's internal carbon tax , totaling $5.07 million since 2021, designed to create maximum long-term climate impact.
  • Instead of purchasing carbon credits to make climate neutrality claims, Klarna contributes funds from its internal carbon tax in initiatives tackling climate change to drive greater impact.
  • "Klarna is committed to supporting impactful organizations long-term as a catalyst for change, to help them grow and maximize their impact," said Salah Said, Head of Sustainability, Klarna.
  • The internal carbon tax is set at $100/tonne for all scope 1, 2 and travel emissions (remaining scope 3 emissions set at $10/tonne).

Retail revolution: new data reveals next generation of shoppers ready for AI, AR and Robots

Retrieved on: 
Tuesday, May 16, 2023

NEW YORK, May 16, 2023 /PRNewswire/ -- New data released today by Klarna, the global payments and shopping service, reveals how retailers will need to adapt their offering to win shoppers in the future. With recent advancements in technology, AI, AR and robots are likely to dominate the in-store and online landscape with shopping services like Klarna already integrating AI personalisation into their products.

Key Points: 
  • The study examined shopping habits 18 years from now, when Gen Zers will turn 40 and together with Millennials be the dominant consumers.
  • Results revealed their predictions on how emerging technologies will influence future shopping experiences, such as:
    More personalization is top of the wishlist.
  • 65% want the shopping experience to become more personalized in the future, and 36% are sure it will be, both in-store and online.
  • The sample sizes are nationally representative, naturally including both Klarna users and non-Klarna users, and have been selected by Dynata.

Angel City Football Club and Klarna launch "A new dawn", first-of-its-kind upcycled capsule collection featuring pieces from ACFC supporter tifo from inaugural game in 2022

Retrieved on: 
Thursday, May 11, 2023

LOS ANGELES, May 11, 2023 /PRNewswire/ -- Angel City Football Club (ACFC) and Founding Partner Klarna, a leading global payments provider and shopping service, today announced the launch of an exclusive merchandise capsule collection in an effort to bring more fan merchandise to women's sports. Working closely on design and production with one of the leaders in sustainable fashion and advocacy in LA, the Suay Sew Shop, the merchandise is made from 100% upcycled and recycled materials. 

Key Points: 
  • Fans who purchase an item from the collection with Klarna through the launch weekend - May 11-May 14 - will receive $10 off their order.
  • In collaboration with Klarna, Angel City FC will continue to call upon its network to donate clothing to the Downtown Women's Center throughout the year.
  • Klarna will continue its work of supporting the LA community and inspiring sustainable shopping habits by matching this donation of sales.
  • "This opportunity to bring together our impact work, our partners, and the incredible ACFC Supporter Groups is so special.

Klarna Spotlight, Spring '23: New AI-powered, personalized shopping feed and innovations for consumers and retailers

Retrieved on: 
Tuesday, April 25, 2023

The Klarna app launches a personalized shopping feed and new design to combine the smartest shopping and financial management tools, all in one place.

Key Points: 
  • The Klarna app launches a personalized shopping feed and new design to combine the smartest shopping and financial management tools, all in one place.
  • Ask Klarna – a personal shopping assistant to connect consumers with real experts for product advice via the Klarna app.
  • This includes a new personalized shopping feed in the Klarna app and smart shopping features to help consumers find the perfect items, and resell items too.
  • The Klarna app's new discovery shopping feed, powered by Klarna's in-house developed AI product recommendation engine, gives consumers a feed of highly personalized product recommendations to help them find and shop items most relevant to them.

Klarna and Reddit unveil the most popular 'Buy It For Life' items of 2023

Retrieved on: 
Monday, April 17, 2023

As part of Klarna's commitment to help consumers shop smarter, the ambition is to update the BIFL list on an annual basis.

Key Points: 
  • As part of Klarna's commitment to help consumers shop smarter, the ambition is to update the BIFL list on an annual basis.
  • Last year Klarna launched a search and comparison tool to help consumers find the best price among thousands of retailers.
  • Other recently launched features and updates to help consumers shop more consciously include:
    Conscious badges in the Klarna App highlighting electronics brands' environmental achievements.
  • Klarna may be affiliated with the listed products or brands and may receive a commission.

Klarna unveils progress of its Give One planet health initiative in new 2022-23 report

Retrieved on: 
Thursday, April 13, 2023

STOCKHOLM, April 13, 2023 /PRNewswire/ -- Klarna, a leading global payments provider and shopping service, today released its annual 2022-23 Give One Report outlining the progress of its Give One planet health initiative from inception through February 2023.

Key Points: 
  • STOCKHOLM, April 13, 2023 /PRNewswire/ -- Klarna, a leading global payments provider and shopping service, today released its annual 2022-23 Give One Report outlining the progress of its Give One planet health initiative from inception through February 2023.
  • In collaboration with planet health-tech platform Milkywire, the initiative supports change-makers on the frontlines of environmental challenges and showcases the work done on the ground.
  • Since its launch in 2021, Give One has achieved several key milestones to progress its impact worldwide.
  • "Klarna's Give One Report is a call to action for other companies and individuals to join us in protecting our planet and standing behind those protecting it.