Klarna launches bank accounts in Germany
Fintech startup Klarna is turning its mobile app into a banking app in Germany, TechCrunch reports. Customers living there can now open a consumer bank account and get a Visa debit card.
For now, Klarna is launching bank accounts for a limited number of users. The company expects to roll it out more broadly in the coming months.
What you get is a full-fledged bank account with a German IBAN to receive money, set up direct deposits and debits. The debit card works with Google Pay and Apple Pay. You get two free ATM withdrawals per month.