Klarna, OnePay partner for Walmart installment loans

Klarna, OnePay partner for Walmart installment loans

Tech in Asia·2025-03-18 11:00

Swedish payment company Klarna has partnered with the consumer finance app OnePay to offer installment loans for purchases at Walmart in the United States.

This collaboration replaces Affirm, the previous partner, whose shares dropped by 12% in premarket trading following the announcement.

The partnership will allow Walmart customers to access flexible payment plans directly at checkout, both online and in-store, starting this year.

Approved users can repay their loans over terms ranging from three to 36 months through the OnePay app.

Recent Klarna developments

Timeline 16-Mar-2025 📈 Swedish BNPL firm Klarna files for US IPO Klarna files for IPO on NYSE under ‘KLAR’ Valuation drops, but revenue up 24% in 2023 25-Jan-2025 🚀 Swedish AI firm Sana Labs plans US IPO in coming years Sana Labs plans US IPO in upcoming years. Company aims to expand workforce to 320 employees. 31-Aug-2022 💳 Southeast Asia’s thriving buy now, pay later players (update) SE Asian BNPL firms thrive amid global downturn Funding remains steady despite market challenges 06-Jul-2022 💳 BNPL struggles amid global recession – except in Southeast Asia BNPL firms face challenges from rising rates Atome and Hoolah report strong growth in Asia 01-Jun-2022 💳 Unlimint partners with Alipay+ to extend consumer reach Unlimint partners with Alipay+ for payment access Businesses can now use Alipay’s e-wallets in Asia 10-Jun-2021 💰 This Indonesian fintech startup bagged $60m, but is yet to fully cash in on its product BukuWarung raises $60M in Series A funding Startup eyes growth in MSME financial services
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