Klarna CEO Sebastian Siemiatkowski to speak at Disrupt Berlin shortly after raising $460 million
Curated by: Startups
Klarna is quietly becoming a fintech giant. Following its latest founding round, the company is now valued at $5.5 billion. That’s why I’m excited to announce that Klarna co-founder and CEO Sebastian Siemiatkowski will join us at TechCrunch Disrupt Berlin.
If you live in Europe and regularly purchase stuff online, chances are you’ve used Klarna already. The company offers a simple way to pay for e-commerce purchases over multiple installments.
And it’s been massively successful in Europe. You could think as Klarna as a sort of credit card-alternative payment method. Even if you don’t have a credit card, you can choose to purchase something right now, pay after 30 days or pay over 3 or 4 installments without any interest.
This way, expensive payments become slightly easier for customers. And if there’s a problem with your purchase, Klarna ensures that you don’t have to pay or get your money back — your money never left your bank account in the first place.
Just like using a PayPal account, if you pay on another site that uses Klarna, you don’t have to enter your payment information again. Merchants that leverage Klarna gets paid instantly after a purchase, even if clients