Klarna's Global Merchant Base Jumps 47% to Top 1 Million
Swedish fintech company Klarna connects consumers and retailers through buy now, pay later (BNPL) and digital payment services. Its merchant base is a key measure of the scale of its transaction network, merchant adoption and potential future payments revenue. The expansion also shows BNPL moving beyond e-commerce checkout into a wider range of everyday spending categories.
Klarna said its global merchant base had surpassed 1 million, up 47% from a year earlier. The company added 285,000 merchants in 2025, providing the main impetus for crossing the 1 million threshold. Payments growth was especially strong in categories including leisure and sports during the same period, indicating that new merchant partnerships have begun translating into actual transaction momentum.
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The history behind this eventKlarna Daily Active Users Top 9 Million as Digital Banking Push Accelerates
Swedish fintech company Klarna began as a buy-now, pay-later provider but has expanded into everyday financial management in recent years, adding debit cards, savings accounts, rewards and mobile plans to drive more frequent use. The shift is central to Klarna's efforts to move beyond its role as a single-purpose payment tool and compete with digital banks worldwide.
Klarna said on February 25, 2026, that daily active users of its app rose 53% year on year to 9 million. It had launched peer-to-peer payments across 13 European countries in January. In a separate announcement on February 19, the company said its banking customers doubled to 15.8 million in the fourth quarter of 2025, while total active customers rose 28% to 118 million.
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