Klarna provides e-commerce payment solutions for merchants and shoppers. The Company streamlines one solution for all payments, saving both time and money on administration. Klarna separates buying from paying by allowing buyers to pay for ordered goods after receiving them, providing them with a safe after delivery payment solution. The Company’s vision is to enable trust and to offer a frictionless buying experience to buyers and sellers across the world.
Company Growth (employees)
Type
Private
HQ
Norrmalm, SE
Founded
2005
Size (employees)
1,295 (est)
Website
klarna.com
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
Michael Moritz

Michael Moritz

Board Member
Victor Jacobsson

Victor Jacobsson

Founder and Board Member

Klarna Office Locations

Klarna has offices in Norrmalm, Helsinki, Oslo, Cologne and in 11 other locations
Norrmalm, SE (HQ)
46 Sveavägen
Columbus, US
300 629 N High St
Amsterdam, NL
De Ruyterkade 7
Cologne, DE
Im MediaPark 8a
Oslo, NO
Kronprinsens gate 5
Helsinki, FI
Korkeavuorenkatu 34
Show all (15)

Klarna Data and Metrics

Summary Metrics

Klarna's latest funding round in July 2017 was reported to be $225 m. In total, Klarna has raised $566.2 m. Klarna's latest valuation is reported to be $2.5 b.

Klarna Financial Metrics

Klarna's revenue was reported to be kr2.8 b in FY, 2015 which is a 27% increase from the previous period.
SEK

Revenue (FY, 2015)

2.8 b

Revenue growth (FY, 2014 - FY, 2015), %

27%

Net income (FY, 2015)

127.2 m

EBITDA (FY, 2015)

273.5 m

EBIT (FY, 2015)

169.9 m

Market valuation

2.5 b
SEKFY, 2013FY, 2014FY, 2015

Revenue

1.6 b2.2 b2.8 b

Revenue growth, %

39%27%

General and administrative expense

341 m408 m

Operating expense total

341 m408 m

EBITDA

97.5 m199.3 m273.5 m

EBITDA margin, %

6%9%10%

EBIT

66 m101.2 m169.9 m

EBIT margin, %

4%5%6%

Net interest expense

968.4 k

Net Income

53.5 m75.2 m127.2 m
SEKY, 2014Y, 2015

Total Assets

7.2 m875.5 k

Total Liabilities

5.2 m6.2 m
SEKY, 2015

Revenue/Employee

3.1 m

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

Merchants

65 k70 k70 k

Users

45 m60 m60 m

Daily Transactions

400 k

Countries

18

Klarna Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
BillPayFebruary 13, 2017£60 m

Traffic Overview of Klarna

Klarna Online and Social Media Presence

Klarna News and Updates

Lack of Lucrative Stock Options Causes Exits at Swedish Startup

A 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 buys BillPay, the PayPal of Germany, for $75M from Wonga

 Some chopping and changing is afoot in the world of payments in Europe. Today, Klarna, the startup out of Sweden that works with online merchants to enable flexible payment options, confirmed that it has acquired BillPay, a payments company based in Germany, from its previous owner Wonga, the start…

Klarna to acquire German payments company BillPay for reported £60 million

Swedish e-commerce payments company Klarna is acquiring Germany’s BillPay. Sky News is reporting the deal is worth £60 million. The UK’s Wonga had owned BillPay, another online payments company which operated in Austria, Germany, Switzerland and the Netherlands. “Germany is one of the largest e-comm…

Swedish fintech unicorn Klarna buys Wonga's BillPay for £60 million

LONDON — Highly-valued Swedish fintech business Klarna has bought BillPay, a German-based startup founded by payday lender Wonga. Berlin-headquartered BillPay, founded in 2009, offers online payment technology, letting shoppers pay in instalments and direct debits. It works …

The team behind Cookies is joining Klarna

 All the work that went into creating peer-to-peer payment app Cookies isn’t disappearing forever. After filing for bankruptcy, Swedish tech company Klarna approached the team behind Cookies so that they can join another fintech company. The entire Cookies team except one co-founder is joining Klarn…

Sweden’s Klarna buys talent from troubled German fintech startup Cookies

Swedish payment service provider Klarna has agreed to take on the team behind the insolvent Berlin fintech startup Cookies. The post Sweden’s Klarna buys talent from troubled German fintech startup Cookies appeared first on Tech.eu.
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Klarna Company Life and Culture

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