Klarna provides safe and user-friendly payment solutions for European online shops. The company was founded in 2005 with the objective of making online trading safer and easier. Klarna’s services are based on the concept of payment after delivery. This way, buyers receive the ordered goods before payment is due. At the same time, Klarna assumes all payment default and fraud risks that online shops are faced with, meaning that retailers can always be sure of receiving their money. Klarna wants to establish trust and offer buyers and sellers worldwide a trouble-free shopping experience. To date, more than eight million online shoppers have already used the payment solutions by Klarna in over 15,000 online shops in Germany, the Netherlands, Sweden, Norway, Denmark, Finland and Austria.