StartupsPYMNTSabout 4 hours ago
Klarna Targets Banks With US High-Yield Savings Account Launch
2 min read
Klarna launched a US high-yield savings account with over 3% APY, no minimum deposit, and no monthly fees. The FDIC-insured accounts are held by WebBank and include round-ups and savings goals. CEO Sebastian Siemiatkowski said Klarna aims to compete with traditional banks offering low savings rates.
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