In a week, Klarna signs with Walmart and files IPO application at NYSE

On March 17, Klarna announced an exclusive partnership with Walmart (2024 turnover: US$681 billion, up by 5.6%) in collaboration with the OnePay app. By December, the Swedish BNPL solution will be available on the website and stores in the U.S.A., with monthly instalments ranging from 3 to 36 months and annual interest rates from 10% to 36%. The fintech OnePay, majority owned by Walmart and already integrated into sales channels, will allow consumers to track and manage their credits...