Klarna announces new partnership with Aven Hospitality

Klarna (KLAR) announced a new partnership with Aven Hospitality. The agreement brings Klarna’s flexible payment options to the 10,000 hotels connected to Aven Hospitality’s Booking Engine, offering travelers more choice and their favorite payment method. “Hotel stays are among the largest expenses travelers book in a single transaction, and until now, the default way to pay has been to put it on a credit card and carry a revolving balance,” said David Sykes, Chief Commercial Officer at Klarna. “With Klarna integrated into Aven’s Booking Engine, travelers can pay in full, split the cost into interest-free installments, or choose longer-term financing – real flexibility, from the moment they book.”