Klarna’s mission is to free people from all the meaningless time spent managing money and purchases, so they can do more of what they love. Every day at Klarna we help consumers, merchants, and partners to explore just how smoooth the modern purchase experience can be. Our position at the crossroads of payments, consumer financing, ecommerce and banking means we are uniquely positioned to do this. There is no label for what we do.
Klarna was born in Stockholm in 2005 and today has 2500 employees working across Europe and the US. We currently serve 60 million consumers, work together with 130,000 merchants and process more than a million payment transactions a day. We're growing at 40% every year and our investors include Visa, Atomico, Sequoia Capital, Permira and Bestseller group/ Anders Holch Povlsen. We have strong partnerships with some of the world’s leading brands, such as ASOS, IKEA, Adidas, Zara, Lufthansa and Spotify.
The AI & Automation group at Klarna develops methods and services for large-scale data extraction. Primarily on the web, but also complemented with acquisition of data through various side channels. We then apply manual, algorithmic, heuristic and machine learning techniques to normalise and categorise the data. This is then put to use in our app, enabling insightful analysis and automation resulting in a rather unique user experience for online shopping and personal finance.