Swedish payments venture Klarna is gearing up to open a new UK office in Manchester.
The company behind the buy now, pay later function for fashion brands like Asos and Topshop says that this is due to rapid growth in the UK market, where nearly five million consumers use its alternative payment options.
The new office will open over the summer and be located at the Old Granada Studios. It builds on Klarna’s London base at Oxford Street. Manchester is a key strategic location for the company, with many of its retail partners — such as In The Style, JD Sports, and Missguided — operating across the city.
Luke Griffiths, General Manager at Klarna UK, comments: “Manchester was a clear choice for us. Given the north west is home to some of the most exciting and innovative fashion brands in the country, fantastic talent and on-trend shoppers, we couldn’t find a better second home. By growing our presence here, we’re planning to bring our ‘smoooth’ payment options to a wider range of businesses.”