Shares of Klarna rose following the announcement of a new strategic partnership with Apple, integrating the fintech lender's payment services into Apple's retail ecosystem.
The collaboration will initially launch in the United States, covering both Apple's physical stores and its online platform, marking a significant distribution win for the Stockholm-listed company.
The deal underscores Klarna's accelerating push into the US market, the world's largest consumer economy.
This development follows recent regulatory filings in which Klarna submitted applications to federal and state authorities to establish a US bank subsidiary.
Securing a banking charter would allow the company to offer a broader suite of financial products and deepen its integration with major retail partners like Apple.
For Apple, the partnership aligns with its ongoing efforts to enhance the checkout experience across its channels.