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Fintech

Fintech heavyweights Stripe and Klarna enter strategic partnership

Klarna credit options to be offered to retailers using Stripe checkout platform

Tie-up comes as regulators focus on how BNPL sector is supervised
Tie-up comes as regulators focus on how BNPL sector is supervised Photo: Jakub Porzycki/Getty Images

Two of the world’s most valuable fintech companies have partnered up, with Klarna’s buy now, pay later payment options to be offered by Stripe retailers online.

Payments processor Stripe said it will give its retailers the option to offer payment through interest-free instalments provided by Klarna at the checkout, deepening the latter’s hold over the booming BNPL market.

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