Klarna Bank AB, commonly referred to as Klarna, is a Swedish bank that provides online financial services such as payment solutions for online storefronts, debt collection, credit payments and more.

Klarna separates buying from paying by allowing buyers to pay for ordered goods after receiving them, providing them with a safe after delivery payment solution. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money.

Klarna was founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth & Victor Jacobsson. The company is based in Stockholm, Sweden with offices in Germany, the Netherlands & San Francisco & other parts of the world.

Klarna is available in Sweden, Finland, Norway, Denmark, Germany, Austria, Netherlands, Switzerland, Belgium, France, UK, Italy, Spain, Poland, Hungary, Slovakia, Czech Republic and US.

Klarna's core service is to assume stores' claims for payments and handle customer payments, thus eliminating the risk for seller and buyer. About 40% of all e-commerce sales in Sweden goes through Klarna. The company has more than 2000 employees, most of them working at the headquarters in Stockholm. In 2017, the company handled about $21 billion in online sales.


Klarna is backed by top tier investors including General Atlantic, Sequoia Capital, Dragoneer Investment Group,Commonwealth Bank of Australia, Anders Holch Povlsen, Permira, & Visa among others. The company raised $200M in a latest financing on Jan 30, 2020. This brings Klarna's total funding to $1.4B to-date.


Klarna was valued at a staggering $5.5B during it's latest financing on Aug 6, 2019. This recent valuation makes them the most valuable fintech in Europe ahead of TransferWise, N26, & Oaknorth. Klarna's preveious valuation was $2.5B in Jul 21, 2017.


Klarna has also acquired Sofort AG, BillPay, Cookies App, ShopCo Technologies Corp, & Close Brothers Retail Finance to date. The company has also made 3 investments to date.



  • Year founded: 2005
  • Funding Info: $1.4B over 16 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $500M-$1B (2019)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $5.5B as of Aug 6, 2019
  • City/Town: Stockholms Lan
  • State: Stockholm
  • Country: Sweden
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