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Klarna Bank AB. Klarna Bank AB, commonly referred to as Klarna, is a Swedish fintech company that provides online financial services. The company provides payment processing services for the e-commerce industry, managing store claims and customer payments. [4] The company is a "buy now, pay later" service provider.
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Afterpay charges higher late fees than Klarna. For purchases under $40, late fees may incur a maximum of 25% of the original value. For purchases over $40, Afterpay applies an initial $10 fee ...
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Klarna, founded in 2005, began taking on losses in 2019 as it expanded into the U.S., and it looks like the bet might now be paying off. The group shrunk losses by 76% last year to SKr2.5bn ($241 ...