Klarna # 2

Klarna must be excited about their 2 new directors, Nigel Morris co-founder of Capital One and Anton Levy the Managing Director of General Atlantic. Klarna has 6 million shoppers and 2.5 Billion worth transactions annually for 15,000 merchants. The company is becoming a serious competitor for other transaction companies such as Paypal, Swedish PayEx, German Billpay and Dutch AfterPay. Klarna operates locally in Sweden, Finland, Norway, Denmark, Germany and the Netherlands.

Another highlight of Klarna is the awards won during this year’s GP Bullhound Media Momentum Awards.  Overall there were 8 awards given out, of which Klarna had a more than impressive run of 5 of the 8 awards.  Of the awards presented, Klarna walked away with leadership, best global potential, innovation, and the overall judge’s award.  During our trip to Scandinavia, our visit to Klarna’s HQ will prove an exciting experience after reading about their accomplishments in the technology industry.

Michael Cragin & Asia Vann

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