Klarna
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. The company is a "buy now, pay later" service provider.
| Company type | Private |
|---|---|
| Industry | Finance |
| Founded | 2005 |
| Founders |
|
| Headquarters | Stockholm, Sweden |
Key people | |
| Revenue | US$1.9 billion (2022) |
| Total assets | US$11.9 billion (2022) |
| Total equity | US$1.2 billion (2022) |
Number of employees | 5,441 (2022) |
| Website | klarna |
| Footnotes / references | |
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. As of 2011, about 40% of all e-commerce sales in Sweden went through Klarna. In 2021, the company was Europe's most valuable private tech company, at a $45.6 billion valuation. However, their valuation was cut to $6.7 billion in 2022 after struggling to attract additional outside investment.