Klarna was founded in Stockholm in 2005 with the idea to simplify buying. Today, we are one of Europe’s fastest growing companies. In 2014 we joined forces with SOFORT and formed Klarna Group, the leading European payment provider.

Klarna streamlines one solution for all payments, saving you both time and money on administration. New customers only need to enter top-of-mind information including email, zip code and billing address. For returning customers, it's a one tap payment experience.
Simplicity that significantly improves your average order value as well as conversion, both in the short- and long term.

Company growth
Type
Private
HQ
Norrmalm, SE
Founded
2005
Size (employees)
1,221 (est)+2%
Klarna was founded in 2005 and is headquartered in Norrmalm, SE

Key People at Klarna

Sebastian Siemiatkowski

Sebastian Siemiatkowski

Founder and CEO
Jon Kamaluddin

Jon Kamaluddin

Chairman
Niklas Adalberth

Niklas Adalberth

Co-founder
Michael Moritz

Michael Moritz

Board Member
Victor Jacobsson

Victor Jacobsson

Founder and Board Member

Klarna Office Locations

Klarna has offices in Norrmalm, Munich, Columbus, Helsinki and in 11 other locations
Norrmalm, SE
Munich, DE
Columbus, US
Helsinki, FI
Oslo, NO
Cologne, DE
Berlin, DE
Amsterdam, NL
Tel Aviv, IL
Madrid, ES
London, GB
Vienna, AT
New York, US
Uppsala, SE
Stockholm, SE

Klarna Metrics

Klarna Summary

Founding Date

2005

Market valuation*

$2.25 B

Total Funding

$327 M

Latest funding size

$35.4 M

Time since last funding

8 months

Investors

* Source: http://blogs.wsj.com/venturecapital/2...
We estimate that Klarna's latest funding round in June 2016 was $35.4 M. In total, Klarna has raised $327 M. We estimate that Klarna's latest valuation is $2.25 B.

Klarna Financials

We estimate that Klarna's revenue is kr2.78 B in FY, 2015 which is 26.62% increase from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

kr2.78 Bkr2.19 Bkr1.57 B

Revenue growth, %

27.0%39.0%

General and administrative expense

kr408 Mkr341 M

Operating expense total

kr408 Mkr341 M

EBITDA

kr274 Mkr199 Mkr97.5 M

EBITDA margin, %

9.9%9.1%6.2%

EBIT

kr170 Mkr101 Mkr66 M

EBIT margin, %

6.1%4.6%4.2%

Net interest expense

kr968 K

Net Income

kr127 Mkr75.2 Mkr53.5 M

Klarna Operating Metrics

Feb, 2017

Customers

45 M

    Klarna Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    BillPayFebruary 13, 2017£60 M

    Klarna Online Presence

    Klarna News

    Klarna Company Life

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