Swedish Klarna acquires NZ's Laybuy, adding 500K customers and relaunching its platform.
Swedish buy-now-pay-later platform Klarna acquires New Zealand's Laybuy, adding 500,000 customers to its 85 million global active users. Klarna aims to relaunch Laybuy's platform and provide New Zealand consumers and retail merchants with ongoing access to a well-established buy-now-pay-later platform. The acquisition follows Klarna's plans for a $20 billion IPO and its $1 billion valuation.
August 21, 2024
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