Buy now, pay for your holiday later: Klarna partners with a major travel brand
Buy now, pay later giant Klarna has accelerated its expansion into the travel sector ahead of a possible stock market listing.
The lender will enter into a partnership with a major travel brand early next year.
Klarna has recently signed several major travel deals as it diversifies in a further shift away from its fast fashion roots.
Klarna is entering into a partnership with an undisclosed major travel brand
It partnered with car rental giant Car Trawler this month. And users can split or defer payments on Airbnb and Cathay Pacific.
The lender, which was founded in 2005 by Sebastian Siemiatkowski, offers customers the option to pay within three months or within 30 days.
Klarna has recently diversified amid increasing competition in the buy now, pay later sector from companies like Laybuy.
It comes as the company considers a stock market listing after posting its first monthly profit in three years.
Susannah Streeter of Hargreaves Lansdown said: 'With Shein exploring a public listing in Britain and the owner of Boots also considering bringing the pharmacy to London, it is likely that Klarna's IPO will soon take a bigger step forward.'