Klarna Group plc

Klarna is a Swedish financial technology company and digital bank that operates a global payments and commerce network. Founded in 2005 in Stockholm, Sweden, its mission is to accelerate commerce by making the shopping experience smoother, safer, and more fun, and to make paying as simple, safe, and smooth as possible. While its ultimate parent company, Klarna Group plc, is incorporated in England and Wales with a registered office in London, its operational headquarters remain in Stockholm, Sweden.

Klarna offers a comprehensive suite of products and services, including digital payments, short-term consumer credit, and banking features. Key offerings include Pay Now for immediate payments, Pay Later for zero-interest short-term credit, and point-of-sale installment financing for larger purchases. The company also provides cards, banking and savings features in select markets, merchant checkout and payment infrastructure, shopping discovery tools, advertising products, and retail marketing services. Klarna primarily targets digital-native shoppers, including millennials and Gen Z, but has also seen growth in older demographics.

Klarna completed its initial public offering on the New York Stock Exchange (NYSE) on September 10, 2025, trading under the ticker symbol "KLAR". Sebastian Siemiatkowski, a co-founder, serves as the Chief Executive Officer. The company has recently focused on expanding its offerings, including pursuing a U.S. bank charter to diversify beyond its core Buy Now, Pay Later (BNPL) model. Klarna has reported consistent profitability, including its fourth consecutive profitable quarter in Q1 2025, driven in part by significant AI integration that has streamlined operations. It maintains a strong market position with over 119 million active consumers and partnerships with over 1 million merchants across 26 countries.