Klarna | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Klarna is a Swedish company founded in 2005 that specializes in providing flexible and secure online payment solutions. With a mission...


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Klarna is a Swedish company founded in 2005 that specializes in providing flexible and secure online payment solutions. With a mission to enhance the shopping experience, Klarna offers various payment options, including installment plans and pay-after-delivery services, to over 150 million global users. The company partners with more than 500,000 retailers worldwide, including major brands like H&M, Nike, and Sephora, to facilitate smoother transactions and improve customer confidence in online shopping.

Website
Size
5001-10,000 employees
Industry
Software Development
Specialities
Online Payments, IT Development, Data Analysis, Expansion, E-commerce, International Sales, Retail

🛍️ Klarna Product and Pricing News →

👔 Klarna CEO, Management and Leadership Team →

⚔️ Klarna Alternatives and Competitors →

💼 Klarna Hiring and Layoffs →

🤖 Klarna Developer, Integration and Automation News →

📈 Klarna Financials, Fundraising and Valuation News →

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🛍️ Klarna Product and Pricing News

  • Klarna has launched flexible payment options for Zoom Workplace in the U.S. and 15 European countries, allowing users to access premium services without upfront costs.
  • Klarna has introduced a new feature allowing users to place orders directly from their app.
  • HM Treasury announced that from 2026, Klarna and other BNPL companies will be regulated by the Financial Conduct Authority to ensure users can afford repayments.
  • Klarna now compares prices on over 2.5 million products from more than 700 stores.
  • Klarna has introduced a new 'Auto-Track' feature, replacing 'Import Services'.

  • The no-annual-fee Klarna credit card, issued by WebBank, functions like a charge card requiring full monthly balance payments but allows installment payments with interest and has a waitlist for new users.
  • Klarna launched an Adobe Commerce extension to help Adobe Commerce and Magento Open Source brands attract new customers and boost sales.
  • Klarna's BNPL services, integrated with Adobe Commerce and Magento Open Source, have led to a 20% increase in conversions, a 40% increase in average order value, and a 45% increase in purchase frequency, according to Erin Jaeger, Head of North America at Klarna.

👔 Klarna CEO, Management and Leadership Team


⚔️ Klarna Alternatives and Competitors

  • Sezzle
  • |
  • PayPal Credit
  • |
  • Affirm
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  • Afterpay
  • |
  • Zip
  • |
  • Splitit
  • |
  • Laybuy
  • |
  • Bolt
  • |
  • Zilch
  • |
  • Colendi
  • |
  • Credee
  • |
  • QuickFee
  • |
  • GoCardless
  • |
  • Square Point of Sale
  • |
  • NetSuite
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  • Venmo
  • |
  • authorize.net
  • |
  • revolut.com
  • |
  • westernunion.com
  • |
  • Checkout
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  • WePay
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  • ProPay
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  • Vantiv
  • |
  • Fidelity Payment Services
  • |
  • PPRO
  • |
  • Nelly
  • |
  • Sterling Payment
  • |
  • Tyro
  • |
  • Sunbit
  • |
  • Ezetap
  • |
  • Snap Finance
  • |
  • Uplift
  • |
  • Katapult

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💼 Klarna Hiring and Layoffs

  • Conor Tiernan has left Klarna as Head of Partner Success in the United Kingdom to join VibePay as Head of Insights.
  • Max van Zoelen has joined Klarna as Head of Distribution Partners in the Netherlands, previously serving as Senior Business Development Manager at finmid.
  • Peter B. has left Klarna, where he served as Engineering Director, CFO domains in Stockholm County, Sweden, to join ROYC Group as Chief Information Officer.
  • Daniela Cachia has started a new position as Marketing Manager at Klarna.
  • Ruben A., Vendor Manager at Klarna, announced his departure from the company after nearly two and a half years on September 21.


🤖 Klarna Developer, Integration and Automation News

  • On November 5, 2024, John Lewis partnered with Klarna to offer a 'buy now, pay later' option using Klarna's interest-free Pay in 3 product.
  • Klarna has partnered with Channel 4 for a new advertising campaign around Married at First Sight UK, featuring Mel Schilling, to promote its flexible payment options.
  • Klarna has partnered with TickPick to offer flexible payment options for event tickets, allowing users to pay upfront, within 30 days, in four interest-free installments, or over 24 months.
  • Klarna has partnered with On the Beach UK to offer interest-free payment options at checkout.
  • Shaquille O'Neal is excited about AI possibilities and his new business partnership with Klarna.

  • Klarna has partnered with Well.ca to offer 'Pay in 4 Installments' and Klarna Express Checkout online, and in-store payment options at over 300 Rexall locations across Canada.
  • Klarna has partnered with Stitch Fix to offer flexible payment options for their personalized styling services.
  • Klarna has partnered with UATP to offer flexible payment services, including interest-free Buy Now Pay Later, to airlines.

📈 Klarna Financials, Fundraising and Valuation News

  • Klarna now handles 2.5 million daily transactions.
  • Klarna reported a 27% revenue increase in the first half of 2024 while keeping adjusted operating expenses flat.
  • Last month, Klarna celebrated its 10-year anniversary in the UK and is preparing to IPO next year.


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