Klarna

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Apple Launches Apple Upgrade Device Leasing Program With Klarna - $Apple(AAPL.US) $Klarna(KLAR.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝗽𝗽𝗹𝗲 launches 𝗔𝗽𝗽𝗹𝗲 𝗨𝗽𝗴𝗿𝗮𝗱𝗲 device leasing program in the U.S.

➤ Program covers 𝗶𝗣𝗵𝗼𝗻𝗲, 𝗔𝗽𝗽𝗹𝗲 𝗪𝗮𝘁𝗰𝗵, 𝗠𝗮𝗰, and 𝗶𝗣𝗮𝗱.

➤ Monthly payments start at $𝟭𝟳.𝟵𝟵 for iPhone and $𝟭𝟭.𝟵𝟵 for Apple Watch.

➤ Customers can choose 𝟭𝟮-, 𝟮𝟰-, or 𝟯𝟲-𝗺𝗼𝗻𝘁𝗵 lease terms, depending on the device.

➤ 𝗔𝗽𝗽𝗹𝗲 𝗧𝗿𝗮𝗱𝗲 𝗜𝗻 can reduce monthly lease payments.

➤ 𝗔𝗽𝗽𝗹𝗲 𝗖𝗮𝗿𝗱 users earn 𝟯% 𝗗𝗮𝗶𝗹𝘆 𝗖𝗮𝘀𝗵 on lease payments.

➤ Customers can upgrade, purchase, or return devices at lease end.

➤ Apple will discontinue the 𝗶𝗣𝗵𝗼𝗻𝗲 𝗨𝗽𝗴𝗿𝗮𝗱𝗲 𝗣𝗿𝗼𝗴𝗿𝗮𝗺 and 𝗶𝗣𝗵𝗼𝗻𝗲 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 in the U.S.

➤ Leases are provided by 𝗞𝗹𝗮𝗿𝗻𝗮 and require eligibility approval.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Expands Apple's recurring revenue through flexible device leasing.

➤ Deepens Apple's partnership with 𝗞𝗹𝗮𝗿𝗻𝗮 in consumer financing.

➤ Could encourage more frequent hardware upgrades and customer retention.

➤ Reinforces Apple's shift toward subscription-like ownership models.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Klarna(KLAR.US) Klarna Secures €900 Million Financing Facility to Expand German Lending

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐊𝐥𝐚𝐫𝐧𝐚 secured its first German 𝐟𝐨𝐫𝐰𝐚𝐫𝐝 𝐟𝐥𝐨𝐰 and warehouse financing agreement.

➤ The facility provides 𝐄𝐔𝐑 𝟗𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in off-balance-sheet funding over two years.

➤ Klarna sold a portfolio of German 𝐅𝐚𝐢𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 term loans into the facility.

➤ Newly originated receivables will be sold on a 𝐫𝐨𝐥𝐥𝐢𝐧𝐠 𝐛𝐚𝐬𝐢𝐬 throughout the program.

➤ Klarna will continue handling 𝐮𝐧𝐝𝐞𝐫𝐰𝐫𝐢𝐭𝐢𝐧𝐠 and servicing of customer loans.

➤ The facility is expected to support up to 𝐄𝐔𝐑 𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in German loan originations.

➤ New loans will continuously replenish the facility as existing assets amortize.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Off-balance-sheet funding improves Klarna's 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 as lending expands.

➤ The facility strengthens Klarna's ability to 𝐬𝐜𝐚𝐥𝐞 consumer financing in Germany.

➤ The structure diversifies Klarna's 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 for future growth.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "This facility is a natural next step, bringing greater capital efficiency as we scale that growth further. We're pleased to welcome new partners to this structure, drawn by the strong credit quality of these products." — 𝐍𝐢𝐜𝐥𝐚𝐬 𝐍𝐞𝐠𝐥𝐞́𝐧, Chief Financial Officer of Klarna.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Klarna Says Court Awards $1.97 Billion in PriceRunner Antitrust Case Against Google - $Klarna(KLAR.US) $Alphabet(GOOGL.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ Court awarded 𝐏𝐫𝐢𝐜𝐞𝐑𝐮𝐧𝐧𝐞𝐫 𝐔𝐒$𝟏.𝟗𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in damages in its antitrust case against Google.

➤ Damages relate to Google's alleged preferential treatment of its 𝐨𝐰𝐧 𝐜𝐨𝐦𝐩𝐚𝐫𝐢𝐬𝐨𝐧-𝐬𝐡𝐨𝐩𝐩𝐢𝐧𝐠 service.

➤ Klarna acquired 𝐏𝐫𝐢𝐜𝐞𝐑𝐮𝐧𝐧𝐞𝐫 in 𝟐𝟎𝟐𝟐 to strengthen shopping discovery and price comparison.

➤ PriceRunner technology now powers Klarna's Search & Compare across 𝟏𝟑 𝐦𝐚𝐫𝐤𝐞𝐭𝐬.

➤ The platform covers 𝐨𝐯𝐞𝐫 𝟏𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 products and 𝟓𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 merchant listings.

➤ PriceRunner also powers Klarna's 𝐒𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐒𝐞𝐚𝐫𝐜𝐡 experience in ChatGPT.

➤ Google may 𝐚𝐩𝐩𝐞𝐚𝐥 the ruling, and any recovery could be materially reduced.

➤ Klarna said the ruling 𝐝𝐨𝐞𝐬 𝐧𝐨𝐭 constitute a profit forecast.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ The ruling marks a major 𝐚𝐧𝐭𝐢𝐭𝐫𝐮𝐬𝐭 victory against Google in online shopping.

➤ Any eventual payout could strengthen Klarna's 𝐜𝐚𝐬𝐡 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧, subject to appeals and deductions.

➤ The decision could influence 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 policy for digital marketplaces.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "When markets work well, everyone benefits. Consumers get higher quality at lower cost, companies stay focused on serving customers rather than defending position, and society is better off for it. This ruling supports a healthier, more competitive market for the way people compare products and services — and that is good for everyone who shops." — 𝐃𝐚𝐧 𝐆𝐫𝐞𝐚𝐯𝐞𝐬, Head of Communications and Policy, Klarna.

$Klarna(KLAR.US) | BMO Capital maintains 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐊𝐥𝐚𝐫𝐧𝐚, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟏𝟗 𝐟𝐫𝐨𝐦 $𝟏𝟕

Analyst sees U.S. transaction margin expansion from cost efficiencies driving higher EPS estimates, though the stock remains a Market Perform.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Klarna(KLAR.US) Klarna Launches FDIC-Insured Savings Accounts in the U.S.

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ Klarna launches 𝐅𝐃𝐈𝐂-𝐢𝐧𝐬𝐮𝐫𝐞𝐝 savings accounts for U.S. customers.

➤ Accounts offer interest rates above 𝟑% 𝐀𝐏𝐘 through WebBank.

➤ No minimum deposits, no monthly fees, and 𝐝𝐢𝐫𝐞𝐜𝐭 𝐝𝐞𝐩𝐨𝐬𝐢𝐭 support.

➤ Features include round-ups, scheduled transfers, and 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐠𝐨𝐚𝐥𝐬.

➤ Klarna customers have deposited over $𝟏𝟐.𝟑𝐁 in European savings products.

➤ Company serves 𝟏𝟏𝟗𝐌 active users and processes 𝟑.𝟒𝐌 daily transactions.

➤ Savings accounts expand Klarna’s U.S. 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 ecosystem.

💬 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

“The average American earns less than half a percent on their savings, not because better options don't exist, but because their bank hasn't had to compete,” said Sebastian Siemiatkowski, co-founder and CEO at Klarna.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Klarna Partners With Ulta Beauty for Flexible Payments Online - $Klarna(KLAR.US) $Ulta Beauty(ULTA.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ Klarna partners with 𝐔𝐥𝐭𝐚 𝐁𝐞𝐚𝐮𝐭𝐲 to offer flexible payment options.

➤ Available across 𝐔𝐥𝐭𝐚.𝐜𝐨𝐦 and the Ulta Beauty mobile app.

➤ Customers can pay in full or split purchases into 𝟒 interest-free installments.

➤ Longer-term 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 options available for larger purchases.

➤ Partnership enhances checkout flexibility for millions of U.S. beauty shoppers.

➤ Supports Ulta’s growing focus on 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 experiences.

➤ Expands Klarna’s presence within the U.S. 𝐛𝐞𝐚𝐮𝐭𝐲 𝐚𝐧𝐝 𝐰𝐞𝐥𝐥𝐧𝐞𝐬𝐬 market.

💬 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

"Ulta Beauty is where millions of Americans turn for everything beauty and wellness has to offer, from emerging to established brands across all price points," said David Sykes, Chief Commercial Officer at Klarna.

"Whether a guest is checking out on

$Klarna(KLAR.US) | 𝐊𝐥𝐚𝐫𝐧𝐚: BofA reiterates 𝐁𝐮𝐲, raises 𝐏𝐓 𝐭𝐨 $𝟐𝟑

Analyst sees strong Q1 execution and improving monetization reinforcing earnings momentum.