Klarna is a platform for e-commerce payment solutions for businesses and customers.

Klarna Bank AB, or simply Klarna, is a Swedish fintech firm that offers online financial services such as payments for online stores, direct payments, and post-purchase payments.

The firm employs around 4,000 people, the majority of whom work at the headquarters in Stockholm and Berlin. In 2021, the corporation will have processed around US$80 billion in online sales. In 2011, Klarna accounted for almost 40% of all e-commerce sales in Sweden. The firm was Europe’s most valuable private tech company in 2021, with a $45.6 billion value, but this dropped to $6.7 billion in 2022.

Klarna’s primary offering is payment processing for the e-commerce business, which includes handling shop claims and consumer payments. It is characterized as a ‘Buy now, pay later’ (BNPL) service provider since it offers clients credit on their purchases as part of the checkout process.

  • Operating Status: Active
  • Business Type: Private
  • Headquarters: Stockholm, Sweden
  • Founded Date: 2005
  • Organization CEO: Sebastian Siemiatkowski
  • Founders: Sebastian Siemiatkowski, Niklas Adalberth, Victor Jacobsson
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