Investing.com -- Klarna shares jumped 9% Tuesday after Bloomberg reported that Apple Inc. (NASDAQ:AAPL) will partner with the Swedish fintech company for a new device leasing program called Apple Upgrade. Apple shares also ticked higher following the news. Apple plans to discontinue new enrollments for its current iPhone Upgrade Program and standard financing options to make way for the new initiative. By partnering with Klarna, Apple can offer the leasing service without taking on the financial responsibility directly. Related articlesKlarna shares surge 9% on Apple device leasing partnershipJefferies downgrades Datadog after 94% YTD rallyNvidia hits the gas: Next-gen "Vera Rubin" AI chips enter full production