Klarna is an e-commerce company, which provides payment solutions for online platforms, serving e-stores, merchants and shoppers. It streamlines one solution for all payments, and allows buyers to pay for ordered goods after receiving them, providing them with a safe after delivery payment solution. The Company offers traffic acquisition, upstream marketing, payment processing, dispute resolutions, and cross selling services.

Employee Rating

3.4More
TypePrivate
HQStockholm, SE
Founded2005
Size (employees)1,950 (est)+2%
Websiteklarna.com
Klarna was founded in 2005 and is headquartered in Stockholm, SE
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Klarna

Sebastian Siemiatkowski

Sebastian Siemiatkowski

Founder and CEO
Knut Frangsmyr

Knut Frangsmyr

COO, Deputy CEO
David Sandstrom

David Sandstrom

Chief Marketing Officer
Michael Rouse

Michael Rouse

Chief Commercial Officer
Jon Kamaluddin

Jon Kamaluddin

Chairman
Michael Moritz

Michael Moritz

Board Member
Show more

Klarna Office Locations

Klarna has offices in Stockholm, Oslo, Munich, London and in 4 other locations
Stockholm, (HQ)
Sveavägen 46
Vienna,
Mayerhofgasse 1/20
Helsinki,
Korkeavuorenkatu 34
Munich,
Theresienhöhe 12
Amsterdam,
De Ruyterkade 7
Oslo,
Biskops Gunnerus’ gate 14A
Show all (8)
Report incorrect company information

Klarna Financials and Metrics

Summary Metrics

Klarna's latest funding round in October 2018 was reported to be $20 m. In total, Klarna has raised $681.7 m. Klarna's latest valuation is reported to be $2.5 b.
View all funding rounds

Klarna Revenue

Klarna's revenue was reported to be kr4.53 b in FY, 2017 which is a 27.1% increase from the previous period.
SEK

Revenue (FY, 2017)

4.5b

Revenue growth (FY, 2016 - FY, 2017), %

27.1%

Net income (FY, 2017)

345.6m

EBIT (FY, 2017)

524.0m

Market valuation

2.5b

Cash (31-Dec-2017)

36.0k

EV

2.9b
SEKFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.6b2.2b2.8b3.6b4.5b

Revenue growth, %

39%27%28%27%

Sales and marketing expense

252.5m343.9m

General and administrative expense

341.0m408.0m2.6b2.9b
SEKFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

40.0k36.0k

Prepaid Expenses

72.5m45.6m

PP&E

54.8m61.8m

Goodwill

1.2b1.8b
SEKFY, 2016FY, 2017

Net Income

168.3m524.0m

Depreciation and Amortization

112.6m200.6m

Cash From Operating Activities

531.6m(2.6b)

Purchases of PP&E

(24.8m)(32.8m)
SEKY, 2017

EV/EBIT

5.5 x

EV/CFO

-1.1 x

Revenue/Employee

3.5m

Debt/Equity

0.1 x

Financial Leverage

4.7 x
Show all financial metrics

Klarna Operating Metrics

Klarna's Users was reported to be 60 m in Jul, 2017. Klarna's Daily Transactions was reported to be 400 k in Feb, 2017.
Feb, 2017Jun, 2017Jul, 2017

Countries

18

Daily Transactions

400 k

Merchants

65 k70 k70 k

Users

45 m60 m60 m
Show all operating metrics

Klarna Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Close Brothers Retail FinanceSeptember 14, 2018
BillPayFebruary 13, 2017£60 m

Klarna Revenue Breakdown

Embed Graph

Klarna revenue breakdown by business segment: 35.2% from Interest Income, 64.6% from Commission Income and 0.2% from Other

Klarna revenue breakdown by geographic segment: 60.3% from Nordics, 35.4% from DACH and 4.3% from Other

Report incorrect company information

Klarna Online and Social Media Presence

Embed Graph
Report incorrect company information

Klarna News and Updates

Lack of Lucrative Stock Options Causes Exits at Swedish Startup

Lack of Lucrative Stock Options Causes Exits at Swedish StartupA lack of lucrative stock options at Klarna AB, one of Europe’s few technology unicorns, is causing a raft of senior exits, highlighting the tech industry’s growing dismay with Swedish tax rules.

Klarna Joins Shopify Plus Partner Program To Power High-Growth Merchants

NEW YORK, Dec. 6, 2018 /PRNewswire/ -- Klarna announced today that they are among the first payment service providers to join the Shopify Plus Technology Partner Program, focusing on high-growth and high-volume merchants. This integration will allow merchants in Germany, the UK and the US ...

Klarna teams up with Shopify's tech partner program targeting high-growth merchants

Today (December 6), Klarna has announced it is among the first payment service providers to join the Shopify Plus Technology Partner Program. This integration will allow merchants in Germany, the UK and the US to implement Klarna’s payment suite. Through the Shopify Plus Technology Partner Program, …

Klarna signs Clas Ohlson partnership

Today, Clas Ohlson adds the UK to its collection of markets served by Klarna’s checkout and Pay late...

Klarna partners Gravity Blanket to let buyers pay over time

Today, Klarna, a leading global payments provider, announced a new collaboration with Gravity Blanke...

Klarna Cuddles Up With Gravity Blanket To Give Consumers The Luxury Of Paying Over Time

NEW YORK, Nov. 19, 2018 /PRNewswire/ -- Today, Klarna, a leading global payments provider, announced a new collaboration with Gravity Blanket, creator of weighted blankets and sleep products engineered to naturally reduce stress and increase relaxation. Shoppers will now be able to use...
Show more
Report incorrect company information

Klarna Company Life and Culture

Report incorrect company information

Klarna Frequently Asked Questions

  • When was Klarna founded?

    Klarna was founded in 2005.

  • Who are Klarna key executives?

    Klarna's key executives are Sebastian Siemiatkowski, Knut Frangsmyr and David Sandstrom.

  • How many employees does Klarna have?

    Klarna has 1,950 employees.

  • What is Klarna revenue?

    Latest Klarna annual revenue is kr4.5 b.

  • What is Klarna revenue per employee?

    Latest Klarna revenue per employee is kr2.3 m.

  • Who are Klarna competitors?

    Competitors of Klarna include Adyen, Skrill and WePay.

  • Where is Klarna headquarters?

    Klarna headquarters is located at Sveavägen 46, Stockholm.

  • Where are Klarna offices?

    Klarna has offices in Stockholm, Oslo, Munich, London and in 4 other locations.

  • How many offices does Klarna have?

    Klarna has 8 offices.