New Companies
Monday, 7/6, 01:37 PM
Klarna Applies for a Utah Bank Charter, Pushing Deeper Into US Banking
- Klarna, the Swedish 'buy now, pay later' company, has applied to set up its own US bank, seeking an FDIC-insured industrial bank charter in Utah.
- If approved, it would let the fintech hold deposits and lend directly rather than through partner banks, a step from payments toward being a full-service bank in America.