logo
welcome
CNBC

CNBC

Klarna takes on banks with a personal account and cashback rewards ahead of IPO

CNBC
Summary
Nutrition label

72% Informative

Klarna , best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe .

The move signals how Klarna is pushing deeper into banking with features that encourage people to move their spending and saving onto its platform.

The two new products will show up in the Klarna app as "balance" and "cashback" Klarna balance lets users store money in a bank-like personal account.

VR Score

78

Informative language

81

Neutral language

53

Article tone

informal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links