Klarna

paymentsp2p payments

FOUNDING YEAR: 2005
LOCATION: Sweden
Last Update: 03/05/2021

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About

We make shopping smoooth. With Klarna you can buy now and pay later, so you can get what you love today. Customer service questions: @AskKlarna

MEDICI Analysis

Klarna provides payment solutions for e-commerce customers. The company offers integrated mobile payment and checkout platform that allows customers to pay after they receive the goods instead of when they order them. Recently, the company was received full banking license by the Swedish Financial Supervisory Authority and planning to launch P2P payments services to their customers.

Focus

PRODUCTS & SERVICES

Provider of checkout and billing solutions for merchants and shoppers. The company's product Klarna Invoice software which allows customers to buy items now and pay for them later by invoice or through installments. The platform offers a secure and simple way to foster sales for e-stores.

REVENUE MODEL

The company charges fee for approved purchases.

MAIN CLIENTS

Retail Banking Customers and Merchants

COMMENT

Using data that has been gathered through millions of purchases throughout the years, Klarna can create accurate algorithms that enables the highest acceptance rate on the market.

Traction

VALUATION / MARKET CAP:

$5.5 B in 2019

COMPANY TYPE:

For Profit

REVENUE

$10M+ in 2018

REVENUE COMMENT:

Klarna had a total revenue of $600Million+ in 2018

ACTIVE USERS COMMENT:

Approximate value

TRACTION COMMENT:

The company has grown the current user's database to 60 M+ active accounts and also tie up with 70,000 merchants (June 2017).

company provided insights

Acquisitions

ACQUIREE NAME

Cookies App

ANNOUNCED DATE

Nov 2016

PRICE

---

ACQUIREE NAME

BillPay

ANNOUNCED DATE

Feb 2017

PRICE

$74.81 M

ACQUIREE NAME

Moneymour

ANNOUNCED DATE

Feb 2020

PRICE

---

ACQUIREE NAME

Sofort AG

ANNOUNCED DATE

Mar 2013

PRICE

---

ACQUIREE NAME

Close Brothers Retail Finance

ANNOUNCED DATE

Sep 2018

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

16,854,340

AVERAGE VISITS (6 MONTHS)

15,370,774.32

MONTHLY VISITS GROWTH

4.7%

VISIT DURATION

181

VISIT DURATION GROWTH

5.56%

PAGE VIEWS VISIT

4.49

PAGE VIEWS VISIT GROWTH

3.15%

BOUNCE RATE

36.2%

BOUNCE RATE GROWTH

-0.74%

GLOBAL TRAFFIC RANK

2,482

MONTHLY RANK CHANGE

-367

MONTHLY RANK GROWTH

-12.88%

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