Klarna: $31 billion

Klarna Bank AB, or simply Klarna, is a fintech firm based in Sweden that offers online financial services such as payments for online stores, direct payments, and post-purchase payments. The firm handled around $35 billion in online sales in 2019. In 2011, Klarna accounted for almost 40% of all e-commerce sales in Sweden. The corporation was estimated to be worth $45.6 billion in 2021.

Klarna's main offering is payment processing for e-commerce businesses, including managing shop claims and customer payments. It's become recognized as a "Buy now, pay later" (BNPL) service provider since it gives clients credit for their purchases throughout the checkout process. As the "buy now, pay later" pioneer, has risen to riches as customers increasingly choose debit over credit. Customers shopping at IKEA, H&M, and Etsy may use the 16-year-old fintech to get funding. In March 2021, its value increased as a result of the pandemic's eCommerce boom.

Detailed Information:
Founded: 2005
Founder: Sebastian Siemiatkowski, Niklas Adalberth, Victor Jacobsson
Headquarters: Stockholm, Sweden

Revenue: 1,087 million USD (2020)
Number of employees: 4,000 (2021)