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Klarna Bank AB, commonly referred to as Klarna, is a Swedish fintech company that provides online financial services such as payments for online storefronts and direct payments along with post-purchase payments
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Klarna Bank AB, commonly referred to as Klarna, is a Swedish fintech company that provides online financial services such as payments for online storefronts and direct payments along with post-purchase payments. The company has more than 3,500 employees, most of them working at the headquarters in Stockholm and Berlin. In 2019, the company handled about $35 billion in online sales. As of 2011, about 40% of all e-commerce sales in Sweden went through Klarna. In 2021, the company claimed to have a $45.6 billion valuation. Klarna's core service is to provide payment solutions for the e-commerce industry, it manages store claims and customer payments. It has become known as a ‘Buy Now, Pay Later' service provider, offering customers credit on their purchases as part of the checkout process.