About
Klarna Inc is a Swedish multinational eCommerce company.The company's platform simplifies and protects the online purchasing process.Klarna enables users to purchase items online simply by inputingtheir email address and zip code. It then submits credit to purchase the item, which is sent to the interested customer. Only after customers receive and approve the product within 14 days do they actually pay, fulfillingthe credit.The company bolsters its fraud protection measures by examining the time of day of the purchase, the customer's address, and history of using the service. Klarna Israel resulted from Klarna's acquisition of Analyzd in May 2011. Analyzd offeredrisk management and fraud prevention technology and now functions as Klarna's Israeli R&D center. The team focuses on on-boarding and product analysis, refining the merchantconsumer relations of the company.
Company Intelligence Q&A
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- What is Klarna's primary business activity?
- Klarna is a Swedish multinational eCommerce company that simplifies and protects the online purchasing process, allowing users to buy items by inputting their email address and zip code, and pay after receiving and approving the product within 14 days.
- When did Klarna establish its presence in Israel?
- Klarna established its presence in Israel in May 2011 through the acquisition of Analyzd.
- What was the purpose of Klarna's acquisition of Analyzd?
- Klarna acquired Analyzd in May 2011 to integrate its risk management and fraud prevention technology. Analyzd subsequently became Klarna's Israeli R&D center, focusing on onboarding and product analysis.
- What was the operational focus of Klarna's Israeli R&D center?
- Klarna's Israeli R&D center, formed from the acquisition of Analyzd, focused on onboarding and product analysis, aiming to refine merchant-consumer relations for the company.
- When did Klarna cease its operations in Israel?
- Klarna ceased to operate in Israel in July 2018, according to startupim data.
- Did Klarna close its Tel Aviv development center?
- Yes, Klarna shut down its Tel Aviv Development Center in February 2018.
- What was Klarna's employee count worldwide?
- Klarna had an employee count of 4,753 worldwide.
- What measures does Klarna use for fraud protection?
- Klarna bolsters its fraud protection measures by examining the time of day of the purchase, the customer's address, and their history of using the service.