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Klarna Seeks US Bank Charter to Serve 30 Million Users.

7/6/2026

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Summary

Story summary

Klarna has applied to Utah regulators and the Federal Deposit Insurance Corporation (FDIC) for a charter to launch Klarna Bank USA.
The bank would be a Klarna Inc. subsidiary, FDIC insured, led by former Milestone Bank CEO Gary Harding, and would serve 30 million U.S. users and $91 billion in credit.
CEO Sebastian Siemiatkowski says the bank will offer checking accounts, credit cards and savings to reduce reliance on partners.

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Story summary

Klarna has applied to Utah regulators and the Federal Deposit Insurance Corporation (FDIC) for a charter to launch Klarna Bank USA.
The bank would be a Klarna Inc. subsidiary, FDIC insured, led by former Milestone Bank CEO Gary Harding, and would serve 30 million U.S. users and $91 billion in credit.
CEO Sebastian Siemiatkowski says the bank will offer checking accounts, credit cards and savings to reduce reliance on partners.