Sebastian Siemiatkowski joined CNBC The Exchange live this week with Tyler Mathisen to share the launch of the new Klarna Card in the US, how this is different than the traditional credit cards on the market, the increased rewards and payment flexibility for consumers, and our continued momentum in the US! Watch the segment here: https://lnkd.in/eagdPC-A
About us
We make shopping smoooth. Our aim is to become the world’s favorite way to shop and bring flexible healthy financial services to consumers. Klarna was founded in Stockholm, Sweden and now has offices in Stockholm, London, New York, Berlin and many more. We offer products and services to consumers and retailers within payments, social shopping, and personal finances. Since 2005 Klarna has been on a mission to accelerate commerce with consumer needs at the heart of it. With over 150 million global active users and 2 million transactions per day, Klarna’s fair, sustainable and AI-powered payment and shopping solutions are revolutionizing the way people shop and pay online, empowering consumers to shop smarter with greater confidence and convenience. More than 500,000 global retailers integrate Klarna’s innovative technology and marketing solutions to drive growth and loyalty, including H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, and Nike. For more information, visit Klarna.com. If you're as excited about this as we are: join us! It’s a hell of a ride.
- Website
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http://www.klarna.com
External link for Klarna
- Industry
- Software Development
- Company size
- 5,001-10,000 employees
- Headquarters
- Stockholm
- Type
- Privately Held
- Founded
- 2005
- Specialties
- Online Payments, IT Development, Data Analysis, Expansion, E-commerce, International Sales, and Retail
Locations
Employees at Klarna
Updates
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Klarna reposted this
☕ We change coffee shops, bars, brands of toothpaste and trousers without a second thought. But banks are different. They keep us on a tight leash, throwing up all sorts of hurdles to make our data accessible to others. 💳 Since the PSD2 regulation in 2018 forced banks to open up payments, how far have we really got? European banks are much better at providing consumer-centric open banking services, but there is still room for improvement. Some banks are dragging their heels, while others have embraced the rules with more gusto. 🔎 To get a better sense we looked at the quality of data banks make accessible, how reliable their payment system is and how stable and user-friendly the bank’s interface is. We ranked the quality of API’s across more than six thousand banks in 16 different markets. Today we’re sharing the results. 🏗️ As the European Commission, the European Parliament and Council of the European Union be currently discuss the future of European payments and open banking with the #PSD3 and #PSR1 revisions, there is a huge opportunity to redesign a regulatory environment that enables local fintechs to compete, innovate, and deliver maximum value for European consumers. Read the results of the study in the link below: https://lnkd.in/emDmfeEC
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In this month’s edition of Inc. Magazine, Ali Donaldson sat down with our Co-founder and CEO Sebastian Siemiatkowski on navigating the complexities of hiring top tech talent without a tech background. The piece offers a glimpse into the innovative hiring strategies that have propelled Klarna's growth and success in the space. Read how Sebastian's approach to leadership continues to shape our journey, enabling us to innovate and drive value for our customers and partners around the world. https://lnkd.in/eA6ADT4J
How Klarna's Co-Founder Learned to Hire Tech Talent--Without a Tech Background
inc.com
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☕ We change coffee shops, bars, brands of toothpaste and trousers without a second thought. But banks are different. They keep us on a tight leash, throwing up all sorts of hurdles to make our data accessible to others. 💳 Since the PSD2 regulation in 2018 forced banks to open up payments, how far have we really got? European banks are much better at providing consumer-centric open banking services, but there is still room for improvement. Some banks are dragging their heels, while others have embraced the rules with more gusto. 🔎 To get a better sense we looked at the quality of data banks make accessible, how reliable their payment system is and how stable and user-friendly the bank’s interface is. We ranked the quality of API’s across more than six thousand banks in 16 different markets. Today we’re sharing the results. 🏗️ As the European Commission, the European Parliament and Council of the European Union be currently discuss the future of European payments and open banking with the #PSD3 and #PSR1 revisions, there is a huge opportunity to redesign a regulatory environment that enables local fintechs to compete, innovate, and deliver maximum value for European consumers. Read the results of the study in the link below: https://lnkd.in/emDmfeEC
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Exciting news! 🌍🎉 Klarna and Milkywire are teaming up to launch the Nature Transformation Fund, opening it up for other companies who want to join forces for the global biodiversity. Three years ago, Klarna launched Give One in partnership with Milkywire, marking our 1% pledge for the planet. Since then, we've contributed $13.6 million to 53 environmental initiatives, supporting several of the UN’s Sustainable Development Goals, including climate action, life below water, and life on land. 🌍 From planting 4.9 million native trees 🌳 to protecting 700,000 hectares of Amazon forest 🌴 and creating 195 hectares of wildflower-rich habitats across the U.K. 🌼 Now, we're inviting other companies to join us. The Nature Transformation Fund offers a simple way to invest directly in on-the-ground projects, without the overhead of figuring out how to do it effectively. Join us as we continue to explore innovative ways to contribute to the planet’s health and biodiversity 🌱🌳🦏
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🚀 We're thrilled to announce the waitlist for the new and improved Klarna Card in the US is now open! The Klarna Card, issued by WebBank, offers flexible payment options in-store, online, and abroad with zero foreign transaction fees, empowering consumers to make flexible payments everywhere. "We're finally bringing the new Klarna Card to the US market, a product that gives consumers more financial control to choose how they want to pay,” said Sebastian Siemiatkowski. “Unlike many traditional credit cards, the Klarna Card is transparent with no hidden fees, gives consumers increased payment options, flexibility, and cashback when they use the card in our app, meaning they have a smarter way to manage their finances." Learn more and join the waitlist here ➡️ https://lnkd.in/dmubj4Fq
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The second panel of the day for us at #IFGS2024. In a lively discussion focussed on the path ahead for the regulation of BNPL, our own Flora Coleman underlined that Klarna is fully behind the introduction of new rules and as one of the few already FCA-regulated providers we’re ready for regulation whenever it comes. “We’re set up for regulation and as a licensed bank we’re used to dealing with regulation. We want new rules for this sector as it’ll bring other providers up to our already high standards.”
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By not putting their customers first, traditional banks have left a huge opportunity for more trusted brands to offer financial services to their customers. Not a single UK High Street bank has a Trustpilot score above 2 out of 5. This lies at the heart of the embedded finance opportunity. As our very own Raji Behal said on stage at the UKs IFGS today, “We have 150m consumers choosing to use Klarna every day because it’s a fairer, easier to manage way to access credit.”
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We're excited to unveil Klarna's customer story with OpenAI! We're proud of our AI evolution, from being one of the first EU companies to launch a ChatGPT plugin, to creating a groundbreaking AI assistant, our aim is to be a true leader in AI-powered payments and shopping and to create better experiences for our consumers and partners. Read about our initiatives here: https://lnkd.in/e59-Yg2S
OpenAI customer story: Klarna
openai.com
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The credit market is broken. At Klarna we’re determined to fix it. 🔧 To do that, first we need to ensure discussions are based on facts, not opinions. That’s why this week we have expanded our industry-first data hubs across three new markets, revealing consumer usage behavior for our BNPL products in the US, UK and The Netherlands. On each Wikipink page, anyone can dive into our data to discover repayment rates, late fee rates, consumer age demographics, and more while highlighting our commitment to fair and sustainable credit solutions. We’re challenging the big banks to do the same, and publish their equivalent consumer outcomes. Dive in here 🇺🇲 https://lnkd.in/eBDqsf5D 🇬🇧 https://lnkd.in/eguUTmdk 🇳🇱 https://lnkd.in/eyG25VJJ
The truth about Klarna in the US
klarna.com