Buy now and pay later companies like Klarna or Block Afterpay.
Nicholas Cocofris | nuphoto | Getty Images
Klarna said he was signed in Thursday to lenders who bought now and headed for their first public offer. Doordash Another sign of momentum for open market investors as partners.
This is Doordash’s first BNPL Alliance, offering new ways to eat to users of restaurant delivery services. Klarna said in a press release that Doordash customers can pay in full at checkout, or install payments into four comparable interest-free installments, or postpone them to a date conveniently aligned with payday schedules.
Sweden-based Klarna filed a prospectus last week to list on the New York Stock Exchange. Last year’s revenue rose 24% to $2.8 billion, with adjusted operating profit of $181 million, swinging around from a loss of $49 million the previous year. CNBC reported Monday that Klarna will become an exclusive provider of buy now. He paid a loan after Walmart and took away the coveted partnership from rival affirmation.
“The partnership with Doordash marks an important milestone in Klarna’s expansion into the daily spending category,” Klarna CEO David Sykes said in a release Thursday.
Founded in 2005, Klarna said in its prospectus that it has 675,000 merchant partners in 26 countries. It is one of the hottest and expected IPOs of the year, historically small activities for new products.
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