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Stripe Strikes Tie-Up With Klarna After Frenzy of Rival Deals

  • Merchants that use Stripe will be able integrate Klarna
  • Stripe competes with Square Inc. and PayPal Holdings Inc.
Stripe To Offer Citi, Goldman Accounts Through E-Commerce Giants
Photographer: David Paul Morris/Bloomberg

Stripe Inc. will allow retailers to add Klarna Bank AB’s buy-now-pay-later service as a purchasing tool for customers, a deal that pairs up two of the world’s most valuable financial technology startups.

The business partnership comes at a time when rivals are striking deals worth billions in a bid to win a share of the increasingly competitive flexible repayment industry.