Wednesday, March 4, 2020

Alipay owner Ant Financial takes minority stake in Klarna – TechCrunch

Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform has announced it’s taking a minority stake in Swedish payments platform Klarna — which has a strong European presence and a flagship product that lets shoppers buy now and pay later in interest-free instalments (typically 14 or 30 days after the purchase). The pair have not disclosed

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