Klarna has completed a $518 million Significant Risk Transfer securitization, freeing up capital to support $12 billion in additional lending. The 3-year agreement forms part of Klarna's wider capital-efficiency program, which pairs SRTs with forward-flow and warehouse financing to support growth in a capital-lighter way .
Klarna completed a $518 million Significant Risk Transfer (SRT) securitization to support $12 billion in additional lending .
The 3-year agreement is the second SRT Klarna has completed with the investor, reflecting strong institutional demand .
The transaction is part of Klarna's capital-efficiency program pairing SRTs with forward-flow and warehouse financing .
Klarna has over 119 million global active users and processes 3.4 million transactions per day .
The company is listed on the New York Stock Exchange (NYSE: KLAR) .
Klarna serves over one million retailers including Uber, H&M, Sephora, Macy's, Ikea, Nike, and Airbnb.
Klarna, the global digital bank and flexible payments provider, has completed a $518 million Significant Risk Transfer, freeing up capital to support strong consumer demand for its products.
The 3-year agreement supports $12 billion in additional lending and forms part of Klarna's wider capital-efficiency program, which pairs SRTs with forward-flow and warehouse financing to support growth in a capital-lighter way.
The transaction is the second SRT Klarna has completed with the investor, reflecting continued strong institutional demand for exposure to Klarna's industry-leading lending.
"Demand for our products continues to grow and transactions like this let us fund it efficiently, while an existing investor returning for a second securitization is a real vote of confidence in the quality of our underwriting," Klarna Chief Financial Officer Niclas Neglén said.
Klarna is a global digital bank and flexible payments provider with over 119 million global active Klarna users and 3.4 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 & Google Pay. More than one million 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. Klarna is listed on the New York Stock Exchange (NYSE: KLAR).
About Klarna
Klarna is a global digital bank and flexible payments provider. With over 119 million global active Klarna users and 3.4 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 & Google Pay. More than one million 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. Klarna is listed on the New York Stock Exchange (NYSE: KLAR).
