Moneymour’s operations will be integrated into Klarna in Q1 2020
Klarna announced the acquisition of Moneymour, which also signs the first step in launching Klarna’s product development hub in Milan.
Moneymour was launched in 2017 as an Italian payment method, enabling consumers to ‘buy now, pay later’. Its credit scoring engine is powered by PSD2, ensuring faster and automated credit decisions for consumers.
Moneymour’s technology could be used across Klarna’s markets, developing an even better and smoother shopping experience for consumers.