Klarna (KLAR) has expanded its buy now, pay later financing optione to Apple (AAPL) Pay customers in Denmark, Spain and Sweden, it said on Tuesday.
The three EU nations join the U.S., Canada, and UK in offering the ability to pay with installments when checking out online and in person with Apple Pay, said Klarna (KLAR), which has over 111M global active consumers.
Eligible customers can split purchases into three monthly installments, or pay up to 30 days later, always interest-free. Customers can also spread the cost of higher-value items over a longer period, with interest rates starting from 0%.
When paying on Apple Pay, in person, online or in-app, customers select Klarna at checkout, and then tap Pay Later to view their available Klarna products.
Klarna (KLAR) made several headlines Tuesday, from posting solid Q3 results and Q4 guidance to agreeing to sell its U.S. Fair Financing loans to Elliott Investment Management.
KLAR shares gapped down 8.2% in late morning trading.