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Klarna & NTWRK to give customers buy now, pay later option

30 Jun '20
2 min read
Pic: Klarna
Pic: Klarna

Klarna, the global payments provider and shopping service, has partnered with NTWRK, the definitive video commerce platform, to offer customers flexible buy now, pay later solutions in the US. NTWRK’s audience of millennials and Gen Zers can shop the exclusive product drops with more convenience in four equal, interest-free payments through Klarna.

NTWRK is the first-to-market on the return of the Reebok Kamikaze II in celebration of its 25th anniversary. Bold design, bold tech, a bold player helped make the Kamikaze II one of Reebok’s most beloved basketball shoes. The Kamikaze II returns in premium materials and its original high contrast mobius design. This will be the first product drop on NTWRK that will be made available for purchase using Klarna.

“We strive to offer customers new, engaging shopping experiences at the intersection of commerce, content, and entertainment. We are excited to partner with Klarna to expand our platform and provide alternative payment solutions for the flexibility and financial control they seek during these times,” Moksha Fitzgibbons, president of NTWRK said in a Klarna press release.

“We are thrilled to partner with NTWRK, a leader in the experiential e-commerce space, to ensure their customers have the payment options they need for limited-edition streetwear, sneakers, Be@rbricks and other exclusive collectibles featured on NTWRK’s shoppable shows. As ecommerce continues to rise, innovative shopping experiences like NTWRK in partnership with flexible payment options from Klarna go hand-in-hand to deliver the ultimate customised experience for a new generation of shoppers,” David Sykes, head of US at Klarna said.

NTWRK is a video ecommerce and content platform designed to appeal to digitally native millennials and Gen Zers. The platform offers shoppers access to first-to-market drops of items across multiple categories, including sneakers, streetwear, collectibles, and art. The company recently announced the launch of Transfer, a virtual festival scheduled to take place in the summer of 2020. Artists will drop products from 30 exclusive brands across NTWRK’s platform during the festival, which will also feature panels, interviews, virtual DJ sets and musical performances.

Fibre2Fashion News Desk (GK)

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