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Klarna Stock

klarna.comFinTechFounded: 2005Funding to Date: $1.29B

Klarna is a fintech company offering products and services to consumers and retailers within payments, social shopping, and personal finances. This company was founded in 2005 by Sebastian Siemiatkowski, Nigel Morris, and Niklas Adalberth and is headquartered in Stockholm, Sweden. Klarna offers consumers to split their purchase into 4 interest-free payments online and in-store.

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Team

Management Team

Sebastian Siemiatkowski
Co-Founder, Chief Executive Officer and Board Member
David Fock
Chief Product Officer
Knut Frangsmyr
Deputy Chief Executive Officer
Camilla Giesecke
Chief Expansion Officer
Alexander Olsson
Co-Chief Financial Officer & Director - US Finance & Analytics
Niclas Neglen
Co-Chief Financial Officer
Yaron Shaer
Chief Technical Officer
Timothy Spencer
Chief Compliance Officer
David Sandström
Chief Marketing Officer

Board Members

Michael Moritz
Sequoia Capital
Mikael Walther
Sebastian Siemiatkowski
Lisa Kaae
Board Member
Omid Kordestani
Board Member

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News

Finextra 02/28/2022
Klarna losses swell to $748 million
BNPL giant Klarna has reported soaring operating losses of $748 million for the full year 2021, driven by expansion to fresh markets and the challenges of underwriting a massive inflow of new customers.
Finextra 02/22/2022
Klarna brings rewards programme to UK
Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced it will launch its global rewards programme in the UK.
Bloomberg 02/11/2022
Europe Fintech giant Klarna considers raising fresh funds
The Stockholm-based company is likely to attract sovereign wealth and pension funds as new investors, the people said, asking not to be identified discussing confidential information. Klarna could potentially fetch a valuation of roughly $50B to $60B based on preliminary estimates.

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