
Klarna US Banking License Bid Threatens Partner Banks
Klarna wants its own Utah industrial bank, pulling US BNPL, deposits, and merchant services closer to its own rails.
Jul 6, 20266 min read0 reactions0 comments
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Klarna wants its own Utah industrial bank, pulling US BNPL, deposits, and merchant services closer to its own rails.

Klarna wants a Utah industrial bank charter, a move that could pull its U.S. BNPL business deeper inside regulated banking.

A Swedish court ordered Google to pay Klarna’s PriceRunner $1.9B over shopping-search favoritism. Google can still appeal.

Klarna is moving into daily mobility payments as Bolt adds pay-in-full for rides, scooters and rentals in four European markets.

Klarna is putting 3.28% APY savings inside its US app, using WebBank for FDIC-insured deposits and taking aim at banks.