Buy now, pay later giant Klarna has accelerated its expansion into the travel sector ahead of a potential public listing.
The lender will launch a partnership with a major travel brand early next year.
Klarna has signed several major travel deals recently as it diversifies in a further shift away from its fast fashion roots.
Klarna will launch a partnership with an unnamed major travel brand
It partnered with vehicle hire 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, allows customers to pay over three months or within 30 days.
Klarna has recently diversified amid growing competition in the ‘buy now, pay later’ sector from firms such as Laybuy.
It comes as the company considers a public listing after posting its first monthly profit in three years.
Susannah Streeter, at Hargreaves Lansdown, said: ‘With Shein exploring a public listing in the UK and the Boots owner also considering floating the chemist in London, it’s likely that Klarna’s IPO may soon take a bigger step forward.’
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