Economy & Politics

FinanceFWD podcastKlarna manager: “The Snoop Dogg campaign was a bet”

Klarna manager Sibyll Brüggemann.PR

Traditional finance houses would have avoided the hip-hop legend Snoop Dogg as a testimonial. “The only certainty was that there would be no new scandals, because he has already ticked them all,” says Sibyll Brüggemann, who is responsible for marketing for Klarna in the German-speaking markets. The pay pioneer just decided to do it – and received attention. Nobody expected the campaign with the US rapper to “go through the roof”, says the marketing expert. It was the starting shot to develop a hip mass product from a boring B2B brand. To attract more attention, the company even changed its corporate color to a striking pink.

So far the bet has paid off. Fintech has grown rapidly in recent years, with millions of people paying with Klarna. With fintech, users can pay their bills later or in installments, the so-called buy-now-pay-later trend. This is going online and increasingly also in stores. Klarna has just announced a partnership with Verifone, which sells many payment terminals.

With a valuation of 10 billion euros, Klarna is the most valuable fintech in Europe, an IPO is likely to be imminent and it wants to become a global shopping platform. How does good influencer marketing work – and shares will soon be available for purchase in the Klarna app, we talked about it in the podcast.

In the FinanceFWD podcast, Brüggemann talks about …

… a brand decision with many consequences
… the campaign with rapper Snoop Dogg
… the cooperation with German celebrities
… the debt trap
… more banking products on the Klarna platform

The FinanceFWD podcast is also available on Spotify, Deezer or iTunes. If you like the format, we look forward to every positive rating!

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