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Klarna Bank AB, commonly referred to as Klarna, 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. [ 4] The company is a "buy now, pay later" service provider. [ 5]
Born. ( 1981-10-03) 3 October 1981 (age 42) Sweden. Education. Stockholm School of Economics. Occupation. CEO of Klarna. Sebastian Siemiatkowski (also spelled Sebastian Siemiątkowski; born 3 October 1981) is a Swedish entrepreneur who is the co-founder and chief executive officer of fintech company Klarna .
Buy now, pay later ( BNPL) is a type of short-term financing that allows consumers to make purchases and pay for them at a future date. [ 1] BNPL is generally structured like an installment plan money lending process that involves consumers, financiers, and merchants. Financiers pay merchants on behalf of the consumers when goods or services ...
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Klarna, the Swedish buy now, pay later juggernaut, is on a mission to trim its losses and expand in European markets. In the first half of this year, it made significant strides, but profit ...
Afterpay Drawbacks. As with Klarna, Afterpay comes with some drawbacks. Afterpay charges higher late fees than Klarna. For purchases under $40, late fees may incur a maximum of 25% of the original ...
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Capital One Financial Corporation is an American bank holding company founded on July 21, 1994 and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia with operations primarily in the United States. [ 2] It is the 12th largest bank in the United States by total assets as of December 31 ...