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Launch expands Klarna's footprint in the high-AOV furniture category, offering customers more ways to pay when shopping for Cozey's modular, modern furniture online
Klarna, the global digital bank and flexible payments provider, announced today a new partnership with Cozey, one of Canada's fastest-growing direct-to-consumer furniture brands. The launch introduces Klarna's Buy Now, Pay Later (BNPL) solutions to Cozey's online stores in Canada and the United States, giving customers more flexibility when purchasing Cozey's modular and design-forward home furniture.
Shoppers can now pay using Klarna's flexible options—Pay in Full, Pay in 4 (four interest-free installments), or Financing for larger purchases—directly on Cozey's eCommerce site. The addition of Klarna allows Cozey to provide a more seamless checkout experience and help customers furnish their homes responsibly, affordably, and on their own terms.
"Cozey is redefining how people shop for furniture, combining design, quality, and convenience," said Steven Clarke, Head of Klarna Canada . "We're thrilled to partner with a brand that shares our customer-first approach and to bring greater payment flexibility to Cozey shoppers as we continue to expand across North America."
Cozey is quickly becoming a leader in the furniture category, offering modular sofas and home accessories designed for modern living. The brand has seen tremendous growth and continues to expand its reach across North America. By integrating Klarna, Cozey is providing a more transparent and accessible way to shop online, reinforcing its commitment to customer experience.
"At Cozey, our mission has always been to simplify furniture shopping and make high-quality design accessible to everyone," said Dominic Létourneau, CFO and COO of Cozey . "Partnering with Klarna allows us to offer customers even more flexibility and confidence at checkout, helping them design spaces they love without compromise."
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding our future financial performance, business strategy, growth objectives, market opportunities, including the anticipated adoption of the various payment options that we offer. Words such as "believe," "expect," "anticipate," "intend," "plan," "will," "may," "could," "estimate," and similar expressions identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. Forward-looking statements reflect our views as of the date of this release and are based on information currently available to us. We undertake no obligation to update any forward-looking statements, except as required by law. Actual results may differ materially from those anticipated. Investors should not place undue reliance on these forward-looking statements and should review the risk factors in our filings with the SEC for a more complete discussion of risks.
About Klarna
Klarna is a global digital bank and flexible payments provider. With over 114 million global active users and 3.4 million transactions per day, Klarna's AI-powered payments and commerce network empowers people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store, and through Apple Pay and Google Pay. Over 850,000 retailers partner with Klarna to drive growth and loyalty, including Uber, H&M, Saks, Sephora, IKEA, Expedia Group, Nike, and Airbnb. For more information, visit Klarna.com .
About Cozey
Founded in 2020 in Montreal, Cozey is a direct-to-consumer furniture brand offering modular, high-quality, and easy-to-assemble furniture designed for modern living. Cozey delivers premium furniture at accessible prices across Canada and the United States. The brand's mission is to simplify how people shop for furniture—combining thoughtful design, convenience, and flexibility. For more information, visit cozey.ca and cozey.com .
Category: Partnership News
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