Klarna and Raisin team up in Germany

Buy now pay later unicorn Klarna has partnered with succesful platform Raisin to expand it’s offering in the German market. This partnership allows Klarna customers in Germany to open savings accounts offering a competitive interest rate of 0.35%. Interestingly, the savings account will have separate deposit products, ranging from overnight up to 48 months. Robert Bueninck, MD of Klarna DACH says: “We’re on an exciting journey from being purely a payment provider to a comprehensive shopping ecosystem. At the same time, we are consistently expanding our banking offerings. Through our cooperation, we’re enabling our customers to easily build up long-term assets.”

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