Sweden-based Klarna, a fintech startup that provides e-commerce payment solutions to merchants and shoppers, has announced its expansion of Open Banking solution across eight more European countries. These include Portugal, Denmark, Luxembourg, Ireland, Croatia, Estonia, Lithuania, and Latvia.
Koen Köppen, Klarnas CTO says, “Since we launched our Open Banking Offering in March 2019 our growth trajectory has been tremendous. That’s why we’re excited to launch in 8 more markets today and expand our product offering even further, as we continue to lead Europe’s Open Banking industry covering more than 6,000 banks across 24 countries. The ability to empower consumers through financial data should not be at the discretion of a single provider but open to many providers so that more solutions can be developed that put the customer at the centre of their personal finances.”