Klarna Bank's operating revenue 2013-2019

Klarna’s operating revenue increased dramatically, from 1.5 billion Swedish kronor in 2013, to nearly 7.2 billion Swedish kronor as of 2019. Klarna, officially called Klarna Bank AB, is a Swedish financial system that provides services such as payment solutions, online storefronts and direct payments. While the revenues were increasing, the company did lose over 900 million Swedish kronor net income in 2019.

Online payment in Sweden



   Klarna was one of several online payment services that saw its use increase over the years. The Local online payment solution Swish was used by a constantly growing share of respondents from 2014 to 2019. Swish was the leading online payment service in the country since 2015 and has been followed by Klarna. PayPal, otherwise largely accepted globally, was used by only one out of three Swedish respondents in 2019.

FinTech funding



   With the technological development, the use of smartphones for banking, investing and borrowing services has increased and more and more FinTech companies have been founded. Most of the Fintech companies with a large amount of funding in the Nordic region were Swedish, as of May 2019. Klarna topped the ranking with close to 700 million euros funding, followed by iZettle and Bima Mobile – Milvik.

Operating revenue of Klarna Bank from 2013 to 2019

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Source

Release date

April 2020

Region

Sweden

Survey time period

2013 to 2019

Supplementary notes

Klarna Bank AB is a Swedish bank that provides online financial services. The company was founded in 2005.
Figures have been rounded

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Statistics on "Digital payment in the Nordics"

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