Swedish bank with retail payments focus
- Trading Name: Klarna
- Legal Entities: Klarna Bank AB
- Activities: banking, Buy-Now-Pay-Later
- Location: Sweden
- Regulations: regulated bank
- Key People: Sebastian Siemiatkowski, Niklas Adalberth, Victor Jacobsson.
Klarna is the brand of the Swedish Klarna Bank AB and provides payment services. They are focused on e-commerce and process payment services around online stores.
As of the end of 2020, the company had more than 3,000 employees, most of them working at the headquarters in Stockholm. In 2019, the company handled about $35 billion in online sales.
Klarna was founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson.
Under its terms, Klarna does not accept unethical business models and thus excludes high-risk merchants. No customers from adult businesses, gambling, drug businesses, money, and finance businesses, or MLM systems are accepted.
We have therefore placed Klarna on our “Green Compliance” list.