Klarna Expands Digital Bank Services With Peer-to-Peer Payments

MT Newswires Live01-14

Klarna (KLAR) said Wednesday it has launched an instant peer-to-peer payment feature in 13 European countries to allow users to send money directly through its application.

The service enables transfers between customers via phone numbers or email addresses and will eventually expand to include cross-border payments and non-users, the company said.

Global deposits at the digital bank reached $14 billion in September 2025, nearly doubling the $9.5 billion held in August 2024, Klarna said.

The firm is also researching stablecoin-based payment options to improve the efficiency of its transfer system, it said.

Shares of the company were up by 1% in recent Wednesday premarket activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment