The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.
Klarna and Uber are partnering on a global deal that will see the Swedish fintech firm added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.The Uber deal marks one of the most significant merchant wins for Klarna of late, and comes as the firm is rumored to be gearing up for a blockbuster IPO.
Interestingly, the company isn't rolling out installment-based buy now, pay later plans, arguably its most popular service offering, on Uber's platforms — only immediate payments and monthly payments. CNBC could not independently verify the accuracy of the report. Klarna has said that it doesn't comment on market speculation.
Last year, Klarna reported its first quarterly profit in four years after cutting its credit losses by 56%.
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