The dominant online payments company in Europe, Klarna, takes on Stripe and PayPal for domination of the U.S. online payments market.
For the last few years, Sweden-based online payment provider Klarna has slowly and steadily become a bigger e-commerce presence than PayPal…in Europe. Its arrival in the U.S. seemed to be a matter of “when” rather than “if” (CNN Money speculated about Klarna’s American intentions way back in June 2014)—and that when is today.