Latest news with #KlarnaCard
Cision Canada
25-06-2025
- Business
- Cision Canada
NYSE Content advisory: NYSE teams up with Money20/20 at its annual event in Europe
NEW YORK, June 25, 2025 /CNW/ -- This is where money does business. The New York Stock Exchange (NYSE) recently traveled to Amsterdam in collaboration with Money20/20 to join, keynote, interview, and announce news at Money20/20's EU show. Experience the full interactive Multichannel News Release here: The show floor, nature stage, money beach club and moneypot podcasting stage all laid the groundwork for three action-packed days of building, networking, and partnering. For the largest independent gathering of financial technology leaders, it's a natural fit that the NYSE teamed up with Money20/20 for future growth. Over the course of the event that ran from Tuesday, June 3, to Thursday, June 5, the NYSE announced a brand-new live show in collaboration with Money20/20 called "Taking Stock." The CEO of ING, the Netherlands' largest lender and a NYSE-listed bank, Steven van Rijswijk shared his outlook with Kristen Scholer on the main stage. NYSE Vice Chair Michael Harris took part in a conversation with NYSE-listed Visa and private company Zilch, both of which made news. And companies from Deutsche Bank to Mastercard to Klarna all had announcements of their own! As part of the Money Morning Show, the NYSE, in collaboration with Money20/20, Fintech TV, and Cheddar surprised attendees with a teaser video of "Taking Stock." The half-hour fast-paced show launches mid-August and will give viewers around the world news they can use from the trading floor after the closing bell. When ING's CEO joined Scholer for a 1:1 following the show announcement, he outlined the bank's growth strategy. He called for more regulation and consolidation at the same time. According to van Rijswijk, the bank is actively looking at deals to expand into local markets across Europe. Still, he believes greater regulation for European banks will make it easier to navigate. According to him, ING is at the forefront of sustainability, requiring standards from clients to keep them as customers. That was a message well delivered on the nature stage! And if that wasn't enough(!), Harris had the chance to take part in a special announcement between Visa and Zilch. In a multi-year deal, Zilch said it's partnering with Visa to accelerate growth and launch a physical card. Scholer even got the chance to see and hold the new card during her interview with Zilch CEO Philip Belmont at the NYSE's pop-up interview studio on site. Zilch has big plans, and the NYSE will be watching! Finally, NYSE-listed behemoths Deutsche Bank and Mastercard debuted a strategic partnership on site to speed up the evolution of open banking. It enables customers to authorize payments directly from their bank accounts with real-time processing and immediate confirmation. And Klarna, in partnership with Visa, piloted a new debit card. Dubbed the "Klarna Card," it combines debit and pay-over-time features at more than 150 million Visa merchants worldwide. With more than 150 banks in attendance, it's clear to see it's the place where money does business.
Business Wire
12-06-2025
- Business
- Business Wire
Marqeta to Power New Klarna Debit Card in the U.S.
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced it is working with Klarna, the global digital bank and flexible payments provider, to enable the Klarna Card: a new debit card powered by Visa Flexible Credential (VFC) that allows access to built-in flexible payment options. In July 2024, Marqeta became the first issuer processor in the U.S. certified for Visa Flexible Credential. With VFC, Marqeta will enable Klarna customers to pay immediately or pay later when needed, all on the same card. This milestone builds on years of collaboration between Marqeta and Klarna, including powering Klarna's virtual cards in the U.S. since 2018. The card is currently in a trial phase in the U.S., with a broader rollout in the U.S. expected later this year. 'The future of payments is flexible, and we're proud to enable this new offering together with Visa,' said Rahul Shah, Chief Product and Engineering Officer, Marqeta. 'Our ongoing partnership with Klarna is a true testament to what's possible with Marqeta's platform and how we enable our customers to grow and innovate at global scale.' With its modern, flexible card issuing platform, Marqeta makes it possible for global leaders like Klarna to expand to new markets and offer innovative payment options tailored to evolving customer needs. Marqeta currently supports Klarna in six countries, helping to drive global growth and deliver seamless, consumer-first experiences. "Through our continued partnership with Marqeta and Visa, we're evolving the Klarna Card into a truly dynamic and versatile payment experience,' said David Sandström, Chief Marketing Officer, Klarna. 'We're excited to continue innovating alongside Marqeta as we scale the Klarna Card to provide smart, seamless payments that empower smarter, more informed shoppers everywhere." About Marqeta Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta's platform has been proven at scale, processing nearly $300 billion in annual payments volume in 2024. Marqeta is certified to operate in more than 40 countries worldwide. Visit to learn more. About Klarna Klarna is a global digital bank and flexible payments provider. With over 100 million global active Klarna users and 2.9 million transactions per day, Klarna's AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay in the U.S., UK and Canada. More than 724,000 retailers trust Klarna's innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike and Airbnb. For more information, visit About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta's business; Marqeta's products and services; and statements made by Marqeta's senior leadership. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to, the following: any factors creating issues with changes in domestic and international business, market, financial, political and legal conditions; and those risks and uncertainties included in the 'Risk Factors' disclosed in Marqeta's Annual Report on Form 10-K, as may be updated from time to time in Marqeta's periodic filings with the SEC, available at and Marqeta's website at The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law.
Associated Press
12-06-2025
- Business
- Associated Press
Marqeta to Power New Klarna Debit Card in the U.S.
OAKLAND, Calif.--(BUSINESS WIRE)--Jun 12, 2025-- Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced it is working with Klarna, the global digital bank and flexible payments provider, to enable the Klarna Card: a new debit card powered by Visa Flexible Credential (VFC) that allows access to built-in flexible payment options. In July 2024, Marqeta became the first issuer processor in the U.S. certified for Visa Flexible Credential. With VFC, Marqeta will enable Klarna customers to pay immediately or pay later when needed, all on the same card. This milestone builds on years of collaboration between Marqeta and Klarna, including powering Klarna's virtual cards in the U.S. since 2018. The card is currently in a trial phase in the U.S., with a broader rollout in the U.S. expected later this year. 'The future of payments is flexible, and we're proud to enable this new offering together with Visa,' said Rahul Shah, Chief Product and Engineering Officer, Marqeta. 'Our ongoing partnership with Klarna is a true testament to what's possible with Marqeta's platform and how we enable our customers to grow and innovate at global scale.' With its modern, flexible card issuing platform, Marqeta makes it possible for global leaders like Klarna to expand to new markets and offer innovative payment options tailored to evolving customer needs. Marqeta currently supports Klarna in six countries, helping to drive global growth and deliver seamless, consumer-first experiences. 'Through our continued partnership with Marqeta and Visa, we're evolving the Klarna Card into a truly dynamic and versatile payment experience,' said David Sandström, Chief Marketing Officer, Klarna. 'We're excited to continue innovating alongside Marqeta as we scale the Klarna Card to provide smart, seamless payments that empower smarter, more informed shoppers everywhere.' About Marqeta Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta's platform has been proven at scale, processing nearly $300 billion in annual payments volume in 2024. Marqeta is certified to operate in more than 40 countries worldwide. Visit to learn more. About Klarna Klarna is a global digital bank and flexible payments provider. With over 100 million global active Klarna users and 2.9 million transactions per day, Klarna's AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay in the U.S., UK and Canada. More than 724,000 retailers trust Klarna's innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike and Airbnb. For more information, visit About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta's business; Marqeta's products and services; and statements made by Marqeta's senior leadership. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to, the following: any factors creating issues with changes in domestic and international business, market, financial, political and legal conditions; and those risks and uncertainties included in the 'Risk Factors' disclosed in Marqeta's Annual Report on Form 10-K, as may be updated from time to time in Marqeta's periodic filings with the SEC, available at and Marqeta's website at The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law . View source version on CONTACT: Kelly Kraft [email protected] 623-363-5007 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA OHIO INDUSTRY KEYWORD: SOFTWARE PAYMENTS FINANCE ARTIFICIAL INTELLIGENCE BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SOURCE: Marqeta Copyright Business Wire 2025. PUB: 06/12/2025 07:00 AM/DISC: 06/12/2025 07:01 AM
Entrepreneur
03-06-2025
- Business
- Entrepreneur
Klarna Pilots a Visa Debit Card, Taking on Big Banks
Five million customers are already on the waitlist for the Klarna Card. Klarna, the $14.6 billion fintech startup known for its "buy now, pay later" installment loans, is expanding its offerings and better competing with traditional banks by piloting its first Visa debit card. Klarna announced on Tuesday that it's trialing the Klarna Card, a debit card with traditional features, including storing money and making deposits. But unlike a regular bank-issued debit card, there's a key difference: at the point of sale, users can choose to pay in full or finance a purchase through an installment plan, such as the "Klarna Pay in 4," an interest-free loan paid in four monthly installments. Related: Klarna's CEO Used an AI Clone of Himself to Report Quarterly Earnings. Here's Why. Debit functionality is available to all Klarna Card users by default, while installment loans are given on a case-by-case basis after a credit check. Klarna will tack on a $1 to $3 charge for every transaction using an installment plan, the company told CNET. "We consistently hear from consumers that they want the freedom to choose how and when to pay — whether that's paying now with debit or spreading the cost over time," said David Sandström, chief marketing officer at Klarna, in a press release. "They want simplicity, flexibility, and transparency — all in one place. That's exactly what has made Klarna payment methods so popular online, and now that same experience is coming to a physical card." According to the release, five million customers are already on the waitlist for the Klarna Card, which is currently undergoing a trial phase in the U.S., with broader availability expected in the U.S. and Europe later this year. The card is available in three colors: aubergine, black, and green. Once fully rolled out, the card will offer a free tier and two paid tiers called "Member" and "Plus," which will cost $3.49 and $7.99 a month, respectively. The paid tiers will unlock cashback rewards and merchant discounts. Related: 'Not Necessarily Super Excited About This': Klarna's CEO Says AI Can Take Over All Jobs, Including His Own Klarna, which has over 100 million global active users according to its first-quarter 2025 results, is attempting to broaden its offerings ahead of a possible initial public offering. Klarna CEO Sebastian Siemiatkowski told CNBC's "The Exchange" last month that Klarna was "basically a neobank" and that he wanted Americans to associate the company with a broader set of features beyond buy now, pay later. Klarna is the biggest "Pay in 4" loan company in the U.S., driving 33% of Klarna's revenue growth in Q1, with revenue rising 15% year-over-year to hit $701 million. The company filed for a U.S. IPO in March that would have valued the company at around $15 billion, but paused its plans in April due to market uncertainty. The initial public offering prospectus showed that the company brought in $2.8 billion in revenue in 2024. Klarna was founded in 2005 and has enabled buy-now, pay-later loans to go mainstream over the past two decades. In March, Klarna became Walmart's exclusive buy now, pay later provider. Related: Robinhood Is Offering a Credit Card for the First Time — and It's Available in 10-Karat Gold
Yahoo
03-06-2025
- Business
- Yahoo
Klarna and Visa Launch Pilot of New Debit Card with Increased Flexibility at Money 2020 Europe
Card combines debit and pay over time flexibility in one product using Visa Flexible Credential with FDIC-insured wallet and access to 150M+ global merchants NEW YORK, June 03, 2025--(BUSINESS WIRE)--Klarna, the AI-powered payments and commerce network, unveiled the pilot launch of Klarna Card: a new debit product combined with access to built-in flexible payment options, powered by Visa Flexible Credential and issued by WebBank. Unlike traditional credit cards that can see consumers incur additional debt and interest charges, the Klarna Card will allow consumers to pay immediately or pay later when needed - online or in-store - at more than 150 million Visa-accepting merchants worldwide. The Klarna Card is currently in a trial phase in the U.S., gathering feedback to refine the experience before a broader rollout in the U.S. and Europe expected later this year. This phased approach supports feature refinements, performance optimization, and ensures the product delivers a smarter, more flexible spending tool. With over 5 million consumers already on the waitlist, the Klarna Card is the boldest step yet toward Klarna becoming an everyday spending solution in the U.S. The card comes with an FDIC-insured wallet, which allows consumers to store money and make real-time transfers, and deposits, and integrates directly with the Klarna Pay in 4 and Pay Later options—all in one seamless experience. "We consistently hear from consumers that they want the freedom to choose how and when to pay - whether that's paying now with debit or spreading the cost over time," said David Sandström, Chief Marketing Officer at Klarna. "They want simplicity, flexibility, and transparency - all in one place. That's exactly what has made Klarna payment methods so popular online, and now that same experience is coming to a physical card. The Klarna Card is the future of everyday banking - creating smart payments, to empower smarter shoppers." By combining access to spending, saving, and borrowing tools in one intuitive platform, Klarna is becoming a modern day global neobank for the digital-first consumer. The Klarna Card is a key step in this evolution - a transparent, tech-driven alternative to the products of traditional banks. "Millions of people around the world have embraced the choice and control offered by Visa's Flexible Credential, and we're delighted to extend this to even more U.S. consumers, as well as bringing it to Europe for the first time," added Mathieu Altwegg, SVP Product and Solutions, for Visa in Europe. "This is a pioneering example of a future where consumers will only need one card in order to have access to their preferred ways to pay, no matter where they are, or what they're purchasing." *Klarna Card is issued by WebBank. Klarna balance account provided by WebBank, Member FDIC. Notes to editors: Flexible payment options: Pay up front in debit mode, or activate Klarna payment options and features, such as Pay in 4 and Pay Later, while also offering all the great features in the Klarna app including budgets, track spending reminders, among others. Option to upgrade Tiers: Once available, customers will be able to choose between one free, or two paid tiers which include merchant discounts and improved cashback rates. The card will come in three colors: aubergine, black and bright green. Available to all Klarna customers: Debit functionality is available to all; credit is granted on a case-by-case basis following a credit check. Klarna Card availability: The Klarna Card is currently in testing in the U.S. as work is done with early users to evolve the final product. This test phase marks an important milestone in building financial solutions that meet real consumer needs. It will be available to all consumers in the U.S. in the coming months, with rollout in Europe expected to follow. About Visa Flexible Credential: Visa Flexible Credential is a network capability that allows multiple payment experiences - such as debit, prepaid, credit, installments and rewards - to be accessed from a single card. About Klarna Klarna is on a mission to be available everywhere for everything. With over 100 million global active Klarna users and 2.9 million transactions per day, Klarna's AI-powered payments and commerce network is empowering people to pay smarter — online, in-store and through Apple Pay in the U.S., UK and Canada. More than 724,000 retailers trust Klarna's innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike and Airbnb. For more information, visit About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at View source version on Contacts Isobel Bradshaweuropeanmedia@ +44 20 7795 5336 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
