Klarna, founded in Stockholm, Sweden in 2005, is a leading fintech company offering online financial services, including payments for online storefronts and direct payments, along with post-purchase payment options. The company has expanded to operate in 45 countries with over 150 million active customers and 500k+ merchants.
Klarna is known for its 'Buy Now, Pay Later' services, facilitating e-commerce transactions. Despite its success, it faced controversies, including concerns over encouraging debt, privacy issues, and layoffs. As of 2022, Klarna was valued at $6.7 billion, with a revenue of $1.85 billion. Klarna is tagged under fintech.
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