Klarna Explained

What is Klarna ?

Klarna Bank AB, commonly referred to as Klarna was founded in 2005, is a Swedish fintech company that provides online financial services. The company provides payment processing services for the e-commerce industry, managing store claims and customer payments. The company is a “buy now, pay later” service provider. The founders are Sebastian Siemiatkowski, Niklas Adalberth, and the CEO is Sebastian Siemiatkowski.

How does it work ?

  • Customers can choose how much and when to pay for their purchase
  • Klarna offers options like “Pay in 3”, “Pay in 4”, “Pay in 30 days”, and “Pay over time”Customers can use the Klarna app to manage payments, set spending limits, and compare prices
  • Klarna’s Buyer Protection policy protects customers’ information
  • Klarna Card is a regulated credit product. Borrowing more than you can afford, or paying late, may make it harder to get credit. 18+, UK residents only. Subject to status. T&Cs and late fees apply. Representative APR 0.0% (variable).

The Benefits of Using Klarna

  • Klarna can automatically apply discounts to your cart
  • Klarna can send price drop notifications
  • Klarna can automatically generate discount codes at checkout

Where can I use Klarna ?

  • Klarna can be used with online stores globally
  • The Klarna Card can be used in-store
  • Using Klarna won’t change your credit score, but other lenders may see late or missed payments
  • Making payments on time can help you build a good history with Klarna

Klarna now available with Apple Play

Klarna is now available on Apple Pay. Choose Apple Pay at checkout when you shop online or in app then select Klarna to enjoy a flexible way to pay. Available on iOS 18 and iPadOS 18 or later. 

*Klarna on Apple Pay is available on iPad and iPhone, online or in app. Available on iOS 18 or later. Terms apply. *Klarna’s Pay in 3 / Pay in 30 days are unregulated credit agreements. Borrowing more than you can afford or paying late may negatively impact your financial status and ability to obtain credit. 18+, UK residents only. Subject to status.