Klarna is a Swedish payment Provider that was founded in 2005. According to its own information, around 90 million end consumers now use the payment services of the company, which is headquartered in the Swedish capital Stockholm. Primarily, Klarna offers the service of taking over the respective payment claims of the merchants and then processing the customer payments. This means that Klarna takes care of the collection of the claims, i.e. the entire payment management. So, as a customer, you choose Klarna as your payment method, complete the order with the external merchant, and then receive the goods from them. The customer receives the invoice from Klarna and can then pay it conveniently.
Klarna customers benefit from the fact that they can pay for goods and services on the Internet on account or through an installment purchase. Meanwhile, this convenient payment method has also arrived in online gambling. There are more and more online casinos and online gambling houses that offer Klarna as a payment method. However, it should be noted that for Casino payments, payment by installments is not possible for the protection of customers.
According to its own information, Klarna employs around 4,000 people. Most recently, the payment provider generated revenue of SEK 7.15 billion, or around €690 million, in 2019. Klarna was founded back in 2005 by Sebastian Siemiatkowski, Victor Jacobsson and Niklas Adalberth. In 2017, the Stockholm-based public company bought the British payment service BillPay. Klarna previously acquired Sofort GmbH in 2014, which is best known in German-speaking countries for its Sofortüberweisung product.