Latest news with #DavidSykes
Finextra
2 days ago
- Business
- Finextra
Klarna plugs in to WooCommerce
Klarna, the global flexible payments provider and digital bank, has expanded its footprint in ecommerce through a new enablement via the Stripe for WooCommerce integration. 0 Klarna's payment methods are now automatically available to the hundreds of thousands of WooCommerce stores using the Stripe plugin, with no additional setup required from merchants. Today's online shoppers want more flexibility—split payments, try before they pay, or just a faster checkout—but too often, those choices are buried or missing entirely. By making Klarna available by default, Woo merchants can now meet modern checkout expectations straight out of the box. 'Online businesses lose out every time someone gives up at checkout,' said David Sykes, Chief Commercial Officer at Klarna. 'With the Stripe for WooCommerce integration, we're fixing that. Thousands of merchants are getting Klarna overnight—no code, no extra steps. The result will be fewer drop-offs, more happy customers, and more sales for Woo's merchants.' WooCommerce powers over 4.5 million online stores, from side hustles to household names. With Klarna enabled for stores using Stripe, millions of new shoppers will see faster, simpler, and more flexible ways to pay—right when they need it most. 'Our mission is to empower Woo merchants with the best tools to succeed online,' said Web Griebel, Head of Payments at Woo. 'Klarna's enablement through Stripe gives merchants a simple, powerful way to add flexible payments and improve the checkout experience.' The update is live for all WooCommerce merchants using the Stripe integration. Klarna lets shoppers pay later or split payments in just a few clicks, helping businesses fight cart abandonment and grow faster.
Yahoo
25-06-2025
- Business
- Yahoo
Klarna, Google join forces
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Swedish buy now, pay later business Klarna has made its payment products available on the Google Pay digital wallet, according to a Monday press release. Google Pay users can use Klarna's services to split purchases of more than $35 into four interest-free payments, the company's release said. Longer-term financing options, some of which accrue interest, are also available for higher priced items via Google Pay, per the press release. Mountain View, California-based Google announced last year that it would integrate Klarna into the Google Pay digital wallet this year, but the release didn't make clear when the BNPL services were added. The service went live on Monday, a Klarna spokesperson said. The online search behemoth integrated Afterpay's buy now, pay later services into the Google Pay digital wallet last year. Afterpay is owned by Oakland, California-based payment company Block. Klarna, which was founded in Stockholm, has been expanding at a fast pace, making its BNPL services available at more merchants and reaching into new geographic regions. To fuel its growth, the company had planned to sell stock in the U.S. for the first time, but it put those plans on hold amid economic uncertainty. The BNPL firm announced in March that it would partner with Walmart to give the mega retailer's customers a buy now, pay later option at checkout. In that instance, Klarna was set to displace its U.S. rival Affirm. 'Integrating with Google Pay marks a meaningful step in Klarna's mission to bring flexible, transparent payment to where consumers already are,' Klarna Chief Commercial Officer David Sykes said in the news release. The collaboration between Klarna and Google is intended to give consumers more options and merchants another tool to drive growth, Ben Volk, vice president and general manager of Google Pay, said in the press release. Recommended Reading Klarna to displace Affirm as Walmart BNPL provider 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
Finextra
24-06-2025
- Business
- Finextra
Klarna arrives on Google Pay in the US
Klarna, the global digital bank and flexible payments provider, is now available as a payment option on Google Pay. 0 Shoppers can use Klarna's flexible payment options online on select Android apps and websites that offer Google Pay at checkout. By joining forces with one of the most widely used digital wallets in the country, Klarna continues to accelerate its growth in the U.S. market. This integration builds on Klarna's commitment to responsible spending and empowers consumers with more choices in how they shop. Klarna's Pay in 4 payment offering gives consumers four fixed repayments for purchases over $35, all interest-free. Financing is available for higher ticket items with monthly repayments made over a longer period of time starting at 0% APR. 'Integrating with Google Pay marks a meaningful step in Klarna's mission to bring flexible, transparent payments to where consumers already are,' said David Sykes, Chief Commercial Officer at Klarna. 'Google Pay is already one of the simplest ways to pay - now, with Klarna on Google Pay, we're adding even more choice and control at checkout. ' "People shop on Google more than a billion times per day, and consumers are increasingly looking for more choice and flexibility when it comes to their payment options. " said Ben Volk, VP and General Manager, Google Pay and Google Wallet. "By teaming up with pay over time providers like Klarna, we are able to give Google Pay users more payment options when checking out, while providing merchants with another tool to drive growth."
Yahoo
17-04-2025
- Business
- Yahoo
Clover teams up with Klarna on in-store payments
Clover, point-of-sale system owned by Fiserv, has partnered with buy now, pay later (BNPL) service provider Klarna to auto-enable the latter's payment options in the US, with an initial target of over 100,000 merchant locations. The Clover Klarna in-store partnership will allow shoppers to select Klarna as a payment method on Clover devices for their in-store purchases. This agreement is part of Klarna's initiative to extend its payment services to the physical retail environment, facilitating payments for customers both online and at local shops and service providers. Klarna's suite includes immediate debit payments and interest-free instalment payment options, which could help businesses attract more customers and increase sales. Clover offers a solution for small businesses to manage payments and daily operations. The system includes hardware and software that support a range of functions, including online orders, accounting, loyalty programmes, staff management, and inventory. In-store shoppers at certain Clover-powered merchants will see the Klarna logo on the payment device screens, indicating the availability of Klarna's payment options. A broader deployment to more Clover merchants is scheduled for early 2026. The partnership is also looking to expand into e-commerce payments and explore further geographic growth in the future. Klarna chief commercial officer David Sykes said: "We're bringing Klarna to Main Street. Klarna started by changing how people pay online — now we're changing how they pay everywhere. With Clover, we're meeting shoppers where they are and giving small businesses a powerful new way to grow.' Fiserv Merchant solutions head Jennifer LaClair stated: 'Clover is excited to join forces with Klarna to leverage our strong presence across U.S. services, and retail, to power and engage consumers at key moments—before, during, and after checkout.' Last month, Fiserv expanded the reach of Clover to Australia. "Clover teams up with Klarna on in-store payments " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
TD Asset Management's New All-Equity ETF Now Trading on TSX
TD Asset Management is expanding its suite of exchange-traded funds with a new all-equity ETF trading on the Toronto Stock Exchange (TSX), the company announced Tuesday. The TD All-Equity ETF Portfolio (TEQT), seeks to provide long-term capital growth by investing primarily in units of other equity-oriented ETFs, emphasizing those with greater potential for capital growth, according to a press release. The management fee is 0.15%. 'We launched the TD All-Equity ETF Portfolio (TEQT) to meet growing demand from investors who want a simple, low-cost way to access the long-term growth potential of global equity markets,' a TD Asset Management spokesperson told 'TEQT now joins the suite of all-in-one ETFs offered by TD Asset Management.' The move comes during an especially volatile time for the stock market amid uncertainty about President Donald Trump's trade policies. Still, TD Asset Management, which operates in Canada, is betting that investors are looking for affordable ways to invest in a diversified portfolio of stocks. "As the investment landscape evolves, today's investors are looking for convenient, simple and efficient solutions to help meet their dynamic needs,' David Sykes, senior vice president and chief investment officer at TD Asset Management, said in the press release. 'The TD All-Equity ETF Portfolio is designed with this in mind. We believe this new solution provides essential tools to help modern investors meet their diverse needs.' The growth-oriented portfolio is continuously monitored and rebalanced quarterly to bring its allocation back to the desired geographic mix relative to the benchmark, according to a product overview from the company. The benchmark is 25% Solactive Canada Broad Market Index (CA NTR), 55% Solactive US Large Cap CAD Index (CA NTR) and 20% Solactive GBS Developed Markets ex North America Large & Mid-Cap CAD Index (CA NTR). The new fund is part of the company's suite of ETFs that offer a convenient way for investors to diversify their portfolio through index funds with exposure to broad-based equity markets, according to the product | © Copyright 2025 All rights reserved Sign in to access your portfolio
