" class="no-js "lang="en-US"> Klarna and StyleSeat team up to offer consumers flexible payments - Fintech Finance
Tuesday, February 27, 2024

Klarna and StyleSeat team up to offer consumers flexible payments

Klarna, the global leader in the generational shift away from credit cards, today announced its newest partnership with StyleSeat, the top online destination for booking beauty and wellness services. Through this partnership, consumers can now shop and pay on StyleSeat with Klarna’s interest-free Pay in 4 solution to meet their beauty and haircare needs.

“Small business growth will always be of the highest priority for StyleSeat,” said Melody McCloskey, CEO and founder of StyleSeat. “Our beauty professionals double their revenue within the first year of using StyleSeat to run and grow their business. By offering them the chance to diversify their payment offerings with Klarna, professionals can continue to provide excellent service for their clients, all while catering to a wider audience and increasing profits.”

According to a recent StyleSeat survey looking at American beauty, fitness and wellness spending habits, beauty is expected to remain the largest spending category in self-care this year, with over a third (39%) of respondents saying they will spend the most on it. Additionally, 71% do not plan to cut back on wellness spending.

“As demand for wellness and self-care services continues to grow, we are proud to partner with StyleSeat and support its efforts to provide important resources for both consumers and small businesses in this category,” said Kristina Elkhazin, Head of North America, Klarna. “By integrating Klarna’s payment options, StyleSeat can offer an even more enhanced experience for consumers to help them save time and money and be in control of their finances, while also driving new revenue streams for professionals.”

To date, StyleSeat has coordinated over 180 million booked appointments, totaling over $10.6 billion in revenue for small businesses. StyleSeat is the latest merchant to join Klarna’s growing network of more than 150 million consumers and 400,000 retail partners globally.

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