Ant Financial Services Group completed an investment in Klarna.

Ant Financial Services Group, a technology company, completed an investment in Klarna, a global payments and shopping provider. Financial terms were not disclosed. "For too long consumers have had to endure non-intuitive, boring and overly complex services when shopping both online and offline. At the heart of this cooperation between Klarna and Alipay is a shared ambition of innovating truly superior shopping experiences and creating destinations of inspiration for consumers across the world. Alipay, and the wider Alibaba Group, have truly set the global pace on retail innovation and the app economy. We are delighted in this confidence shown in Klarna in defining the future of payments and shopping and are very much looking forward to working together further in the future," Sebastian Siemiątkowski, Klarna CEO.