Swedish fintech Klarna on Tuesday said on Monday it is doing a pilot launch of a new debit card in the United States as the buy now, pay later pioneer seeks to compete more directly with traditional banks.
With a partnership with Visa, Klarna will allow consumers to pay immediately or choose interest-free options to pay over time for both online and in-store purchases.
Klarna in April paused its plans for a US initial public offering for the second time in the last few years as president Donald Trump’s sweeping tariffs rattled global markets.
The…