Movement Alert｜Klarna Group plc Rises 6.02% in Regular Trading, Apple Officially Launches Apple Upgrade Leasing Program Powered by Klarna

Market Focus08-28 21:34

On August 28, Klarna Group plc rose 6.02% in regular trading, trading at $14.93/share, with turnover of $24.82 million.

On the news front, Apple officially launched its new device leasing model called Apple Upgrade on August 28, with Klarna providing financing support. The program covers iPhone, Mac, iPad, and Apple Watch product lines, allowing users to pay monthly with the flexibility to buy out, upgrade, or return devices, aiming to lower purchase barriers and accelerate upgrade cycles.

The deep partnership with the global consumer electronics leader is expected to bring significant transaction volume growth for Klarna, boosting market confidence in its merchant ecosystem expansion. The collaboration replaces Apple's previous installment payment programs and marks a strategic shift toward subscription-based hardware sales. Within the Transaction & Payment Processing Services sector, Affirm Holdings rose 15.14%, while PayPal declined 13.28%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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