Klarna Announces UK Growth Plans With New London And Manchester Expansions

by | May 6, 2021

Swedish based Klarna has announced new plans to grow its presence and expand across the country. It now serves over 14 million consumers and over 13,000 retailers in the UK. With over 200 staff across the country, the new offices will allow Klarna to grow, with plans to double its headcount in the UK over the next year. The announcement follows a year of substantial growth and a $31 billion valuation.

In London, Klarna has taken an 11,000 sq. ft. space at Aviation House in Holborn. This top floor space in the WeWork-run building will serve as the fintech’s new UK headquarters. 

In Manchester, Klarna has expanded its existing office space located at the Old Granada Studios – a fast-developing payments and retail tech hub. Manchester is also an important location due to the number of high-growth retailers including Beauty Bay, Foot Asylum, In The Style, Missguided, JD Sports and Boohoo Group The expansion of Klarna’s northern hub reiterates its commitment to UK-wide growth.

Alex Marsh, Head of Klarna UK said: “These investments in new office space not only demonstrate our considerable growth, but also underline our ambitions to be an increasingly important part of the UK economy – shaping the future of how we shop, bank and pay.

“The response we saw to the pandemic from our teams was so impressive and the considerable growth we achieved over the last year is testament to their dedication to our merchants and customers in tough circumstances. I know many are eager to get back into the office to work together in person again. I’m certain the spaces we are creating for our teams and the flexible arrangements we have put in place will help them be even more creative and productive.”

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