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Buy-now-pay-later firm Klarna applies for US banking license

A banking license will help the company in "sustainable growth," Klarna said

Bloomberg NewsbyBloomberg News
July 6, 2026
in Banking
Reading Time: 1 min read
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Klarna Group Plc applied for a bank license in the US as the firm, known for buy-now-pay-later loans, seeks to grow its banking operations in the country. The payments firm submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp., according to a Monday statement. The proposed US industrial bank, […]

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