POPA ReconKlarna Seeks Green Light to Become a US-Chartered Bank
Klarna Seeks Green Light to Become a US-Chartered Bank Klarna has applied to the Utah Department of Financial Institutions and the FDIC to establish Klarna Bank USA, a proposed Utah-chartered industrial bank. If approved, the unit would be FDIC-insured and operate as a wholly owned subsidiary of Klarna Inc. The move marks another step in Klarna’s push beyond buy now, pay later and deeper into full-scale banking. The company says it already serves U.S. customers through partner banks, while about 30 million Americans use Klarna each year. Klarna also named Gary Harding, former chairman and…
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