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Klarna says it has more than 85 million active users worldwide and 2.5 million transactions a day.
The Swedish company said it uses sustainable, AI-driven payment and shopping solutions.
Deloitte confirms Klarna has acquired Laybuy.
“As administrators, we are pleased to announce that we have reached agreement with Klarna to acquire the New Zealand assets of the Laybuy Group,” Campbell said.
He said several parties expressed interest in acquiring Laybuy during the sales process, which culminated in an unconditional sale agreement being signed.
“The deal with Klarna ensures New Zealand consumers and retailers will have continued access to a proven buy now, pay later platform in the coming months.”
Campbell said Klarna was an innovative payments and shopping services provider and the sale provided an opportunity to continue to serve the many customers and retailers affected by the receivership.
“Now that all transactions have been finalised, we are working with Klarna to communicate with all Laybuy customers and retailers about the re-launch of the new platform/product.”
wealth The magazine reported last week that Klarna was launching bank accounts in Europe and the US in preparation for a US$20 billion (A$32.4 billion) initial public offering.
It describes Klarna as a unicorn, a startup with a valuation of more than $1 billion that is not yet listed on a stock exchange.
Klarna said it would start offering connections to Laybuy’s approximately 500,000 New Zealand customers from today.
Laybuy has been affected by the downturn experienced by some operators in the sector.
Managing Director Gary Rohloff said in June he was “heartbroken” by the decision to request the appointment of a receiver.
Roloff said today he could not comment on Klarna.
BNPL has thrived during the Covid-19 lockdown, but consolidation, regulation, a return to more normal shopping habits, and the likes of forward and Economic downturn Brought challenges.
Roloff said in June that lower consumer spending, higher credit losses and increased fraud had hurt the company.
The UK entity and some other entities within the Laybuy group were not affected by the June takeover.
Laybuy Holdings Ltd is responsible for New Zealand operations.
BusinessDesk reported on Monday that Laybuy owes at least $15 million to creditors at home and abroad, according to the first receiver’s report.
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