Record Black Friday Lifts Klarna to 45% November Growth

Klarna, the global digital bank and flexible payments provider, today announces record Black Friday sales growth in the US, with volume (GMV) up 45% year-over-year for November 1 through Black Friday 28 November.

Growth has been seen across all categories, with footwear, technology, beauty and home goods performing particularly strongly as Americans made the most of Black Friday discounts.

Consumer Trends*

Footwear: Birkenstock made a dramatic leap from last year's bottom rankings to claim the #1 spot for adult shoe brands, while Timberland captured second place.

Technology: Apple AirPods 4 dominated as 2025's top tech product. In gaming, Sony's new PS5 Slim and Pro models led the category, followed by Nintendo Switch 2. iPads made a comeback, returning to the top 10 after previous absence.

Beauty: The luxury fragrance Baccarat Rouge 540 climbed to the #1 position, while Sabrina Carpenter's Sweet Tooth perfume became the only celebrity fragrance to break into the Top 10.

Home goods : The brand Ninja dominated home goods, while mattresses bounced from 6th place in 2024 to second in 2025

* Trends based on Klarna US online and app clicks between 28-30 Nov 2025 and 29 Nov - 1 Dec 2024 ("Black Friday Weekend")

About Klarna

Klarna is a global digital bank and flexible payments provider. With over 114 million global active Klarna users and 3.4 million transactions per day, Klarna's AI-powered payments and commerce network is empowering 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 & Google Pay. More than 850,000 retailers trust Klarna's innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike and Airbnb. Klarna is listed on the New York Stock Exchange (NYSE: KLAR). For more information, visit Klarna.com .

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 and operational plans a, including our expectations with respect to consumer spending and growth trends. 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, including risks related to:

  • Our ability to retain and grow consumer and merchant relationships;
  • Competition and technological developments;
  • Regulatory compliance and licensing requirements;
  • Our ability to achieve expected benefits from our funding arrangements;
  • Credit risk management and funding availability;
  • General economic conditions and market volatility; and
  • Our ability to expand into new markets and products.

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.

Category: Perspectives

press@klarna.com

News Provided by Business Wire via QuoteMedia

KLAR
The Conversation (0)
Rio Tinto to develop BioIron R&D facility in Western Australia to test low-carbon steelmaking

Rio Tinto to develop BioIron R&D facility in Western Australia to test low-carbon steelmaking

Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIron TM , to support decarbonising the global steel value chain. The development of the BioIron... Keep Reading...
Long-term future for New Zealand's Tiwai Point aluminium smelter secured with new power deals

Long-term future for New Zealand's Tiwai Point aluminium smelter secured with new power deals

New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand's South Island.... Keep Reading...
Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment. This press release features multimedia. View the full release here:... Keep Reading...
Rio Tinto releases first quarter production results

Rio Tinto releases first quarter production results

Rio Tinto Chief Executive Jakob Stausholm said: "We have been deeply affected by the loss of four Diavik colleagues and two airline crew members in a plane crash in January. This tragedy has strengthened our resolve to never be complacent about safety. "We delivered stable operating results in... Keep Reading...
Hands typing on a laptop with "open banking" text and related icons hovering above.

Canada’s Big Open Banking Move: Unlocking Consumer Control and Financial Innovation

In its 2025 federal budget, the Canadian government lays out a bold blueprint to foster competition, innovation and inclusion in the financial sector by accelerating open banking adoption. With the Big Six banks holding 93 percent of banking assets, this consumer-driven reform aims to dismantle... Keep Reading...

Keith Prusek and Hugh Rabb Join Evercore as Senior Managing Directors in the Transportation Investment Banking Group

Evercore announced today that Keith Prusek and Hugh Rabb have joined the firm as senior managing directors in its transportation investment banking group. Both will be based in Richmond, Virginia, where Evercore has opened a new office as part of its ongoing initiative to further expand its... Keep Reading...
Justin Grossbard, co-founder of CompareForexBrokers.

Managing Wealth Across Borders: Q&A with CompareForexBrokers’ Justin Grossbard

Navigating international money transfers can be costly and complex, with hidden fees and poor exchange rates often eroding returns. To shed light on how individuals and businesses can better manage these transactions, the Investing News Network sat down for a Q&A with Justin Grossbard,... Keep Reading...
Text saying "decentralized finance" with colorful digital chart backdrop.

A Guide to DeFi: Understanding Decentralized Finance

Decentralized finance (DeFi) is a revolutionary shift in the financial landscape, offering a blockchain-based system that facilitates transactions without relying on traditional intermediaries like banks or brokerages. While the DeFi sector experienced a challenging period through 2022 and early... Keep Reading...
Contactless payment with blue card on smartphone displaying €18.00.

Digital Finance Fuels Record Savings Growth in Developing Nations: World Bank

Formal saving in developing economies surged to its highest level in more than a decade in 2024, powered largely by the widespread use of mobile phones and digital financial tools, the World Bank said in its new Global Findex 2025 report.For the first time, 40 percent of adults in low- and... Keep Reading...
Blue cubes with illuminated edges and symbols, arranged in a geometric pattern.

Fintech Firm Velocity Raises US$10 Million for Enterprise Stablecoin Infrastructure

In what is believed to be the largest European pre-seed funding round of the year, UK fintech startup Velocity has emerged with US$10 million in early backing to develop a stablecoin infrastructure platform. The initiative is aimed squarely at large enterprises grappling with outdated... Keep Reading...

Latest Press Releases

Related News