Announced
Financials
Sources
Tags
Single Bidder
Majority
Italy
Private
buy now pay later
Acquisition
Pending
FinTech
Cross Border
Friendly
Synopsis
Klarna, a smooth shopping and payment provider, agreed to acquire Moneymour, an Italian payment company. Financial terms were not disclosed. “We’re impressed with what the Moneymour team has achieved so far, and we are also happy to now progress the establishment of our new product development hub in Milan. The talented team has developed an interesting offering for the Italian market, and with their knowledge and expertise we can further strengthen our underwriting capabilities in the market. Under the Klarna umbrella, we will together further develop the proposition and scale this across markets, which will support in accelerating growth,” Koen Köppen, Klarna CTO.
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