Klarna and Wish expand their partnership to offer US buyers flexible payment solutions

Klarna and Wish expand their partnership to offer US buyers flexible payment solutions

New York, November 4, 2021/Prnewswire/- Klarna, a worldwide leading bank for payment and purchasing services for private customers, announced an expansion of his partnership with Contextlogic Inc. (D/B/A Wish) (NASDAQ: Wish)., one of the world's largest mobile e-commerce platforms.To expand the platform.

Through the partnership, Wish users in the USA can divide the costs of their purchase via the Pay-in-4 solution from Klarna into four interest-free payments. Users have to pay the first 25 % of the transaction at the cash register, while the remaining three payments automaticallyto be drawn in every two weeks.

The Pay-in-4 solution from Klarna offers more selection and flexibility. Clarna and Wish will deepen their partnership in 2022 and introduce alternative payment options for additional users in the EU, including in Italy, Spain and France as wellGreat Britain, Australia and Canada.

"We are very happy to expand our long-term partnership with Klarna to give our US customers more freedom when shopping and paying for their articles, when and how they want," said Tarun Jain, Chief Product Officer at Wish. "This partnership supportsOur mission to offer millions of our customers around the world an affordable, accessible and entertaining shopping experience. "

As one of the largest e-commerce marketplaces in the world, Wish has 90 million monthly active users in more than 100 countries and works with 550,000 dealers all over the world.every buyer is personalized.

“Our pay-in-4 solution is about giving consumers more financial flexibility and control over their expenses.Therefore, this partnership will be a welcome news for wish buyers, ”said David Sykes, Head of North America at Klarna." We are pleased to deepen our relationship with Wish in the USenable."

Klarna and Wish started their partnership in Europe in 2014 with the introduction of various flexible payment options from Klarna in six European countries, including Great Britain, Germany and the Netherlands.

Über KlarnaWir machen das Einkaufen reibungslos.Mit Klarna können Verbraucher jetzt kaufen und später bezahlen, damit sie heute das bekommen, was sie lieben.Das Angebot von Klarna für Verbraucher und Einzelhändler umfasst Zahlungen, Social Shopping und persönliche Finanzen.Über 250.000 Einzelhandelspartner, darunter H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike und AliExpress, haben Klarnas innovatives Einkaufserlebnis online und im Geschäft ermöglicht.Klarna ist mit einer Bewertung von 45,6 Milliarden US-Dollar eines der am höchsten bewerteten privaten Fintechs weltweit.Klarna wurde 2005 gegründet, beschäftigt über 4.000 Mitarbeiter und ist in 17 Ländern aktiv.Weitere Informationen finden Sie unter klarna.com.

Via Wishwish, millions of consumers around the world offer an affordable and entertaining shopping experience. As far as our foundation in San Francisco in 2010Over half a million dealers in the world connects. Wish combines technology and data science skills and an innovative mobile shopping experience based on discoveries to offer its users an extremely visual, entertaining and personalized shopping experience.Download the

Desired mobile app

Klarna und Wish erweitern ihre Partnerschaft, um US-Käufern flexible Zahlungslösungen anzubieten

, visit www.wish.com or follow @wish on Facebook, Instagram and Tikokor @wishshopping on Twitter and YouTube.

Forward -looking statements

This press release contains future-oriented statements in the sense of the Safe Harbor provisions of the private Securities Litigation Reform Act from 1995. All statements that are not historical facts can be regarded as future-oriented, including but not limited to statements about outlook, priorities, strategic orientation , Expectations of partnerships and growth opportunities of Wish. In some cases, future -oriented statements of terms such as "expected", "believes", "could", "estimate", "expected", "instructions", "intends", "can",, "View," "plans", "potential", "forecasts", "projects", "search", "should", "want", "want" or similar expressions and the negative of these terms. Uncertainties and assumptions, if the risks occur or assumptions prove to be wrong, the actual results may differ significantly from the results that are in these future courts to be implied. From time to time, new risks occur. It is not possible for our management to predict all risks, nor can we assess the effects of all factors on our business or the extent to which a factor or combination of factors It can lead to the fact that the actual results differ significantly from the results contained in the forwards -statements that we can do. Commission ("Sec") submitted documents included, including its annual report for 2020 on Form 10 -K, submitted on March 25, 2021, and its form 10 -Q for the second quarter of 2021, submitted on August 12, 2021, and future reports , the Wish can submit to the SEC from time to time, which can lead to the fact that the actual results from the expectations Hen.alle future -oriented statements by Wish in this press release only apply to the day when Wish makes it. If no obligation assume and does not currently intend to update such future -oriented statements after the date of this publication.

Media contacts:

Carys Comerford-Grün, Wish [Email Protected]

Shira Rimini, Klarna [Email Protected]

This information was provided by CISION HTTP://news.cision.com

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