Fintech Europe

Klarna Klarna Bank AB, more commonly known as just Klarna, is a Swedish company that provides online financial services. It was founded in 2005 in Stockholm, Sweden. Its founders Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson participated in the Stockholm School of Economics entrepreneurship award in 2005 with their idea on how to provide a safe and simple online shopping payment method. Although their vision was not very well understood in the competition, that hasn’t stopped them from trying to bring it to life. Klarna was founded that same year. Klarna office (source glassdoor.com ) After five years of successful business in Sweden and two rounds of investments, the company expanded to Norway, Germany, the Netherlands, Finland, and Denmark, in 2010. In 2011, Klarna acquired Analyzd, an Israeli company that specializes in risk management and online payments. In the following years, Klarna continued to grow and expand to new markets – Austria in 2012...