Klarna seeks U.S. bank charter in latest push beyond buy now, pay later

Klarna has applied for a U.S. bank charter, according to filings reviewed by Reuters. The Swedish buy-now-pay-later company stated the move would allow it to offer additional financial services beyond its existing product line. Other fintech and cryptocurrency companies have also sought bank charters in recent years. Klarna operates in multiple countries and serves millions of consumers through its payment installment service.

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