By Neil Roland ( July 6, 2026, 21:00 GMT | Insight) -- Stockholm-based Klarna, known for its buy-now, pay-later services, has become the latest financial technology company to apply to become a regulated US bank. “Banking is built on trust,” Sebastian Siemiatkowski, Klarna’s co-founder and CEO, said in a news release. The company, which has been licensed as a bank in Europe since 2017, said it had applied to the Utah Department of Financial Institutions and the US Federal Deposit Insurance Corporation to establish Klarna Bank USA, its proposed Utah-chartered industrial bank. Currently, Klarna offers banking services in the US through a network of third-party partner banks. Stockholm-based Klarna, known for its buy-now, pay-later services, has become the latest financial technology company to apply to become a regulated US bank....
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