Klarna Bank AB, commonly referred to as Klarna, is a Swedish fintech company that provides online financial services. The company provides payment processing services for the e-commerce industry, managing store claims and customer payments.[3] The company is a "buy now, pay later" service provider.[4]
The company has more than 5,000 employees, most of them working at the headquarters in Stockholm and Berlin. In 2021, the company handled about US$80 billion in online sales.[1] As of 2011[update], about 40% of all e-commerce sales in Sweden went through Klarna.[5] In 2021, the company was Europe's most valuable private tech company, at a $45.6billion valuation. However, their valuation was cut to $6.7billion in 2022 after struggling to attract additional outside investment.[6][7][8][9]
^ ab"Klarna Bank AB 2022 Annual Report" (PDF) (pdf). Klarna. Archived (PDF) from the original on 28 February 2023. Retrieved 28 February 2023.
^Milne, Richard (1 December 2020). "Michael Moritz named chairman of Swedish fintech Klarna". Financial Times. Archived from the original on 14 July 2022. Retrieved 14 July 2022.
^"About us". Klarna US. Archived from the original on 1 March 2021. Retrieved 27 September 2021.
^Milne, Richard (5 March 2013). "A Swedish take on 'buy now, pay later'". Financial Times. Archived from the original on 27 September 2021. Retrieved 27 September 2021.
^"E-barometern". Archived from the original on 7 August 2011. Retrieved 22 August 2011.
^"Klarna's valuation crashes to under $7bn in tough funding round". Financial Times. 11 July 2022. Archived from the original on 11 July 2022. Retrieved 11 July 2022.
^"Klarna sees its value slashed by 85% in latest round of fundraising". the Guardian. 11 July 2022. Archived from the original on 26 November 2022. Retrieved 26 November 2022.
^Mukherjee, Supantha (11 July 2022). "Klarna raises $800 million as valuation plunges 85% in a year". Reuters. Archived from the original on 26 November 2022. Retrieved 26 November 2022.
^"Sebastian Siemiatkowski". Forbes. Archived from the original on 26 November 2022. Retrieved 26 November 2022.
Klarna Bank AB, commonly referred to as Klarna, is a Swedish fintech company that provides online financial services. The company provides payment processing...
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