MuteSix Partner News! Clearbanc And Klarna Are Teaming Up.

    Nov 9, 2020 12:52:33 PM

    Here at MuteSix, we consider our partners part of the team - and we love it when they get together. We’re excited to share that Clearbanc, the world’s largest eCommerce investor, will introduce a power capital program for Klarna, the leading global payments and shopping service. Clearbanc will help Klarna merchants fund their marketing budgets, and inventory spend over the holidays.

    As a leading global provider of buy now, pay later services, Klarna works with more than 200,000 merchants worldwide to offer integrated payment services that enable a smoother and more flexible checkout experience for their customers. Klarna also offers the ultimate shopping experience for its 90 million-plus customers through the Klarna app. 

    Klarna merchants who are new to Clearbanc will receive a reduced fee on their first Clearbanc advance, in addition to a whole suite of financial and business products.

    “We’ve seen Klarna merchants run social ads with MuteSix that highlight their Buy Now, Pay Later capabilities and experience improved conversion rates. Going into Q4, we are excited to be partnering with Clearbanc to give our merchants access to fast, non-dilutive capital, to scale their business during the holidays,” says Bradley Johnston, Strategic Partner Manager at Klarna.

    Joanne Lau, Founder of JEMMA, is a Klarna merchant (and MuteSix client!) who has taken advantage of Clearbanc’s capital.

    “The MuteSix team prioritizes profitability in tandem with growth for our digital marketing, which is something that is very important to me and aligns with our business goals,” says Lau.

    She went on to say that, “Clearbanc has helped us grow and scale as a 100% self-funded business without needing to give away equity or take up hefty business loans, which is truly an entrepreneur’s dream path. They have also been very attentive to our needs in the good and bad times, which is key to have in business when life is a perpetual rollercoaster!”

    Going into the holidays, Lau further explained that “Klarna has been effective in helping our customers manage their cash flow and making their decision to invest in a JEMMA Bag easier! Also, I love their branding and language. It makes the service very user friendly for both merchants and customers.”

    We are so proud to work with both Clearbanc and Klarna. JEMMA is just one example of the great success brands can find working with MuteSix and our partners to grow their e-commerce business.

    If you’re interested in learning more about what MuteSix can do for your brand, reach out here for a free marketing audit going into the holidays. Klarna merchants can also visit this link to get up to $10 Million in Clearbanc funding, starting with a free valuation.

    More on our partners below:

    About Klarna

    Klarna makes shopping smooth. With Klarna, consumers can buy now and pay later, so they can get what they need today. Klarna’s offering to consumers and retailers include payments, social shopping, and personal finances. Over 200,000 merchants, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike, and AliExpress have enabled Klarna’s innovative shopping experience online and in-store. Klarna is the most highly valued private fintech in Europe with a valuation of $10.65 billion and is one of the largest private fintech globally. Klarna was founded in 2005, has over 3,500 employees, and is active in 17 countries. For more information, visit klarna.com.

    About Clearbanc

    Co-founded in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders.

    The company’s data-driven approach removes the intrinsic bias of venture capital by letting a company’s data do the pitching, delivering term sheets in under 20 minutes, and funding in less than 48 hours. To date, Clearbanc has funded 8x more female founders than the industry average and invested more than $1 billion into more than 3,300 founders spanning all 50 states, the UK and Canada. For more information, visit Clearbanc.com and @clearbanc.

    Topics: Partners, Klarna, Clearbanc

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