Fintech Bolt progresses its turnaround by landing Klarna as a partner

Clear and bolt announced a partnership On Monday, in which Klarna’s payment options are integrated into the Bolt checkout operating system.

This deal means that Klarna shows a selection of Buy-now-play-later-later-laterer lateral devices on Bolt devices. Traders who use Bolt can offer buyers in 4 or monthly financing options for buyers in physical shops, and buyers can select this option with a single click. Integration will live later this year, first in the USA and then in other markets all over the world.

In a statement by Techcrunch, Ryan Breslow, co -founder and CEO of Bolt, told us that the partnership was “so much larger than two companies that worked together”.

“It is a clear sign that the trade moves in a completely new direction,” he said, adding that this will not be another option for buy-now-play-Later-Later, but “a completely new model that offers first-class, flexible customer experience without new contracts or technical orders.”

Klarna that has been Waiting in the wings to go to the stock exchange since springdescribes the partnership as a means of promoting yourself and dealers for yourself and dealers.

“By embedding Klarna into thousands of bolt dealers, we scale our US footprint and make Klarna wherever consumers shop,” said a Klarna spokesman.

This latest partnership is a big deal for Bolt for other reasons. The FinTech has struggled with legal challenges in recent years and annoyed investors. In March, the Bolzen founder Breslow returned as CEO after he resigned in early 2022.

In August, Bolt According to reports, they tried to collect 450 million US dollars with a potential assessment of 14 billion US dollars, but it was a strange deal with strange conditions, meshorten a “cramdown” threat There were no updates to this obvious deal for existing shareholders, but Bloomberg reported at the beginning of this month that Breslow wanted to increase the increase again. This time he is looking for at least 600 million US dollarsHalf of it would go to Bolt, while the other half would go to his other startup, love. Breslow said that Bolt was at At least three years of the runway left.

At the beginning of this month, Bolt also announced A partnership with Palantir To start a personalized purchase of AI that remembers the shopping habits of consumers. She would like to expand this cash register through his dealers and in Bolt’s new Superapp, a “one-click app app” and everyday payments “, as he described us in one April interview.

To add to Klarna and Palantir, the two big names as partners, Klarna and Palantir.