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Friday, September 22, 2017 — 12:52:05 (EDT)

Klarna powers financing for Saatva online luxury mattress brand sales

Westport, Conn., Sept. 21, 2017 -- The Saatva Company, the largest online luxury mattress retailer, has formed a strategic partnership to offer financing plans to its customers with Klarna, a global payment solutions company that works with other top U.S. brands like Microsoft and Taylormade.

Through this partnership, Saatva customers now have the option to "Slice Up Your Payment" through Klarna and spread the cost of purchases over time with convenient, stress-free low APR financing offers. It is available immediately under all three Saatva Company brands - Saatvamattress.com, Loomandleaf.com and Zenhaven.com .

After selecting the perfect mattress, customers can apply for Klarna financing at checkout through a simple three-step instant credit approval process. Customers are approved for an open line of credit that may also be used at any other merchant where Klarna is accepted.

"We're always looking for new ways to provide a seamless buying experience for our customers and bring luxury mattresses to them at affordable prices," said Ron Rudzin, CEO of The Saatva Company. "By teaming up with Klarna, customers will have a new, easy option to purchase our products, which speaks to our focus on providing top-rated service."

The Saatva Company provides consumers with high-quality, eco-friendly luxury mattresses priced up to 70 percent less than mattresses of similar quality sold by brick and mortar retailers. With more than 20,000 5-star reviews, Saatva has proven its devotion to helping customers get a fantastic night's sleep.

About The Saatva Company
The Saatva Company is the largest and most successful online retailer of luxury mattresses in the United States. The company is devoted to building customer relationships based on providing the most honest, efficient and courteous buying experience over a lifetime of mattress purchases. The Saatva Company designs and delivers luxury mattresses and its exclusive Lineal Adjustable Base through 17 factories and 144 delivery partners. Unlike most other online mattress sites, The Saatva Company delivers and sets up all of its ultra-luxury products in the customers' home, creating a hassle-free buying experience. By cutting out the middleman and retail store markups in the traditional supply chain, the company is able to provide a luxury product at dramatically lower prices. For more information visit www.saatva.com .

About Klarna
Klarna is a leading payments provider that aims to make the payment process simple, smooth and safe for customers and its merchant partners. The company, founded in 2005, was recently named as one of the top disruptor companies in the world by CNBC. Klarna works together with 70,000 merchants to offer payment solutions to more than 60 million users in Europe and North America. The company's North America offices are in Columbus, Ohio and New York. Klarna has 1,500 employees and is active in 18 countries. Financing through Klarna is issued by WebBank, member FDIC.

Source: Company press release.

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