INSUBCONTINENT EXCLUSIVE:
Klarna is quietly becoming a fintech giant
Following its latest founding round, the company is now valued at $5.5 billion
You could think as Klarna as a sort of credit card-alternative payment method
without any interest.This way, expensive payments become slightly easier for customers
payment information again
Merchants that leverage Klarna gets paid instantly after a purchase, even if clients choose to pay later.Klarna is also building a
You can download the mobile app and search for products across multiple stores
This could become a great alternative to e-commerce giants like Amazon.Up next, Klarna wants to grow its presence in the United States
States If you want to know how a Swedish startup plans to disrupt the credit card industry in the United States , buy your ticket to Disrupt
The conference will take place December 11-12.In addition to panels and fireside chats, like this one, new startups will participate in the
Startup Battlefield to compete for the highly coveted Battlefield Cup.In 2005, Sebastian Siemiatkowski co-founded Klarna in order to provide
safe and smooth online payments
He currently serves as its Chief Executive Officer
Klarna is a now fully licensed bank with 60mn consumer and 170,000 merchant user base
Sebastian has received multiple awards for his leadership, including runner up in the 2015 global EY Entrepreneur of the Year award, Leader
of the Year by Adecco, and European Entrepreneur of the Year Award by TechTour
