Klarna Expands Financial Services with New Savings and Cashback Features

The fintech giant introduces banking-like accounts and cashback rewards in 12 markets, aiming to deepen its role in consumers' financial lives.

Klarna launches 'balance' accounts for storing money and managing payments.
New cashback feature offers up to 10% rewards on purchases through the Klarna app.
The services are available in the U.S. and 11 European countries.
Klarna's CEO emphasizes the goal to simplify payment management and boost customer loyalty.
The expansion comes as Klarna prepares for a potential IPO.