The interest rates of fixed-deposit savings at Klarna - or Klarna Locked Savings - increased substantially in a few weeks in 2022. This is likely caused by the general increase in saving rates, as central banks and financial institutions tried to combat growing inflation. Whilst many know Klarna as a buy now, pay later provider, it also offers banking services in its native Sweden and, especially, Germany. In that country, saving products from Klarna compete against those offered by some of the biggest banks in the country - potentially indicating another direction the company is going into outside of BNPL.
Interest rates on deposits at Klarna AB, originating from Germany, from September 2021 to August 2022, by maturity
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Statista. (August 4, 2022). Interest rates on deposits at Klarna AB, originating from Germany, from September 2021 to August 2022, by maturity [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1327903/klarna-bank-deposit-interest-rates/
Statista. "Interest rates on deposits at Klarna AB, originating from Germany, from September 2021 to August 2022, by maturity." Chart. August 4, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1327903/klarna-bank-deposit-interest-rates/
Statista. (2022). Interest rates on deposits at Klarna AB, originating from Germany, from September 2021 to August 2022, by maturity. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1327903/klarna-bank-deposit-interest-rates/
Statista. "Interest Rates on Deposits at Klarna Ab, Originating from Germany, from September 2021 to August 2022, by Maturity." Statista, Statista Inc., 4 Aug 2022, https://www.statista.com/statistics/1327903/klarna-bank-deposit-interest-rates/
Statista, Interest rates on deposits at Klarna AB, originating from Germany, from September 2021 to August 2022, by maturity Statista, https://www.statista.com/statistics/1327903/klarna-bank-deposit-interest-rates/ (last visited December 22, 2024)
Interest rates on deposits at Klarna AB, originating from Germany, from September 2021 to August 2022, by maturity [Graph], Statista, August 4, 2022. [Online]. Available: https://www.statista.com/statistics/1327903/klarna-bank-deposit-interest-rates/
