Klarna, a leading global digital bank and flexible payments provider, has introduced new payment options for eligible Apple Pay users in the US and UK. These include pay later in installments without interest.
Available Payment Options
- In the United States, shoppers can opt for:
- Pay 4 (splitting payments into four interest-free installments for purchases over USD 35),
- Pay Later (paying the full amount up to 30 days later with no interest charge), or
- Financing (monthly installments for larger purchases).
- In the United Kingdom, shoppers have the option to choose among:
- Paying in Full (a one-time payment),
- Pay in 3 (splitting payments into three interest-free installments), or
- Pay Later (paying the full amount up to 30 days later with no interest charge).
These flexible payment choices are available both in-store and online/in-app when using an iPhone or iPad. Users will find Klarna as a checkout option, allowing them to select their preferred installment plan by tapping Pay Later. Before approving any plans, Klarna conducts its underwriting process to ensure responsible lending practices without affecting the customer’s credit scores.
Klarna continues to expand its presence in various commerce networks, aiming to offer shoppers additional payment alternatives beyond traditional credit cards.
Overview of Klarna’s IPO
In September 2025, Klarna completed a US Initial Public Offering (IPO) raising USD 1.37 billion at USD 40 per share, surpassing the initially guided range of USD 35 to USD 37 per share. The company’s valuation reached approximately USD 15.2 billion with over USD 1.4 billion raised during the IPO. Klarna sold 5 million shares while existing shareholders offered 29.311.274 shares, making the offering highly oversubscribed.
Klarna was listed on the New York Stock Exchange under the ticker “KLAR.” The deal was handled by Goldman Sachs, J.P. Morgan, and Morgan Stanley as joint book runners, subject to customary closing conditions.
