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Klarna, the fintech frontrunner, has chosen Milkywire, a new digital platform for enabling impact through grassroots NGOs, as their strategic partner for their Give One initiative. As part of the program, Klarna will allocate 1% of its latest $1b funding round -- a total of $10m -- to initiatives supporting conservation, mitigation and restoration efforts for climate and biodiversity.
"Milkywire is our strategic partner for Give One and the ideal partner for Klarna as we aim to simplify the act of doing good for the climate and biodiversity," said David Sandström, CMO at Klarna. "While Klarna has focused on simplifying the world of payments across the world, Milkywire is disrupting the giving space by bringing tech to support civil society projects around the world."
