StockNews.AI
KLAR
StockNews.AI
9 hrs

Klarna Card Passes 1 Million US Sign-Ups in 11 Weeks

1. Over 1 million Americans signed up for Klarna Card in 11 weeks. 2. Klarna Card allows instant debit or flexible payment options. 3. Daily sign-ups average 13,000, peaking at 50,000 on September 23. 4. Demand for the card indicates a shift towards transparent payment solutions. 5. The launch may be one of Klarna's most significant in its history.

4m saved
Insight
Article

FAQ

Why Very Bullish?

The rapid adoption of Klarna Card indicates strong market demand, potentially enhancing revenue growth. Historical success with similar products supports this optimistic outlook.

How important is it?

The article emphasizes strong consumer demand, signaling potential for substantial revenue impact and market positioning of Klarna.

Why Long Term?

The card's popularity is expected to sustain and grow, aligning with ongoing trends in consumer payment preferences. Long-term subscriber growth may lead to significant market share.

Related Companies

13,000 Americans a day are signing up for Klarna's debit-first flexible card

Klarna, the global digital bank and payments provider, today announced that over a million Americans have signed up to its debit-first Klarna Card in just 11 weeks, showing that today's shopper demands payments options that are simple, transparent, and on their terms.

Launched in the US on 4 July, the Klarna Card has quickly resonated with consumers looking for more freedom in how they pay, whether paying instantly with debit or spreading the cost over time. Americans are signing up for the card at a rate of 13,000 a day, hitting a peak of 50,000 sign-ups on 23 September. By combining the everyday convenience of a debit card with the flexibility Klarna is known for, the Klarna Card empowers shoppers to stay in control and pay on their own terms, anywhere they choose to shop.

"The amazing response to our card in the US shows just how strong the demand is for a fairer, more transparent way to pay," said David Sandström, Klarna's Chief Marketing Officer. "With the Klarna Card, consumers get the best of both worlds: the simplicity of a debit card with the flexibility of credit."

With demand continuing to accelerate, the Klarna Card is poised to become one of the most significant product launches in Klarna's 20-year history.

Category: General

press@klarna.com

Related News