Klarna: Signs global deal with luxury label Yoox Net-A-Porter

Klarna: Signs global deal with luxury label Yoox Net-A-Porter

  • Klarna is meeting the changing demands of consumers who want to shop, pay and bank on one intuitive platform
  • YOOX NET-A-PORTER GROUP is the world’s leading online luxury and fashion retailer with 4.5 million high-spending active customers
  • Through the partnership, YOOX NET-A-PORTER customers will be able to pay using popular ‘pay later’ products
  • Brands across the YOOX NET-A-PORTER portfolio will be able to offer customers flexible payment options
  • Flexible payment services have already begun to be rolled out across the YOOX NET-A-PORTER Group, starting with MR PORTER
  • NET-A-PORTER has launched in the US and Australia with other European markets launching later in 2021
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...