15 Facts About Klarna

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.

Three years later, Klarna started selling their services in Norway, Finland and Denmark.

Klarna started their operations in Germany and the Netherlands in 2010, and in May the same year, San Francisco-based Sequoia Capital entered as investors.

In May 2011, Klarna acquired Israeli company Analyzd, which had business activity on markets in Europe, Israel and the United States.

Klarna launched in the United States in September 2015, and the US has become its principal focus for future growth.

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In February 2021, Klarna launched bank accounts for a limited number of users in Germany.

In June 2021, Klarna raised $639 million in a fundraising round led by SoftBank Group's Vision Fund 2, taking the company's valuation to $45.

In November 2021, Klarna launched to US consumers a "Pay Now" service to pay immediately and in full to any online retailer that supports Klarna.

In January 2022, Klarna launched a physical card in the UK allowing customers to shop anywhere accepting Visa card payment.

In March 2022, Klarna announced the completion of its acquisition of the comparison shopping service company, PriceRunner.

In June 2022, Klarna announced a partnership deal with Marqeta to bring physical Visa cards to the US.

In October 2020, Klarna mistakenly sent a marketing email to people that were unaware of ever doing business with the company.

In May 2021, Klarna exposed the accounts of its users randomly to any user.

Klarna stated the problem was due to a severe technical issue.

Klarna stated in return it would appeal the decision, citing finding the decision ambiguous and finding it unclear why the information provided in the notice was deemed inadequate, as well as through appealing hoping for further clarification on the guidelines.