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flag Klarna partners with Walmart for "buy now, pay later" loans, replacing Affirm and boosting its IPO prospects.

flag Klarna, a Swedish fintech, will exclusively provide "buy now, pay later" loans for Walmart, replacing rival Affirm. flag This partnership, through Klarna's stake in OnePay, comes as Klarna prepares for its IPO. flag Affirm's stock dropped significantly following the announcement, reflecting growing competition in the market. flag Klarna's deal with Walmart is seen as a major boost for its IPO prospects.

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