- Klarna wants to be her bank, her store and now her telephone network too
- Its new mobile plan offers unlimited 5g, but it is not clear how the support will work
- Unlimited data sound very good, but what happens when you need help or travel abroad?
Klarna, the Fintech company known for remodeling the purchase and outgoing space and once it uses a bot of AI to do the work of 700 employees, is moving to a very different business line: mobile connectivity.
The company is launching a mobile network that promises data, talks and unlimited text messages 5g for $ 40 per month in the United States.
Klarna’s new service is being implemented in association with GIGS, a company that describes itself as the “operating system for mobile services.”
Klarna moves beyond banking
“Klarna’s impulse in the mobile space marks the beginning of a new era for connectivity. Now, consumers can expect a perfectly integrated mobile experience that involves premium connectivity with financial tools, through the applications they already know and love,” said the CEO of Gigs, Hermann Frank.
The plan includes unlimited 5G data that, according to reports, will not crash, with coverage in the National AT&T network.
Klarna states that there are no hidden rates, or contract blockages and a configuration process that occurs in minutes through the Klarna application.
But questions about the reliability of long -term service remain, especially when services such as customer service and international roaming have not yet been launched.
For now, there is only a basic unlimited plan available, with premium options expected later.
“Klarna has saved time and money to consumers, and reduced financial concern for more than 20 years. With the mobile plans that we are taking a step further, as we continue to build our neobank offer,” said Sebastian Siemiatkowski, CEO and Klarna co -founder.
“Consumers already know and love the super soft services of Klarna and now, with a touch in the Klarna application, they will be working with their new telephone plan, without problems, without hidden rates, just a great value.”
The offer seems to address common frustrations among mobile users. Klarna’s internal research suggests that half of the Americans “believe that changing telephone plans is too difficult.”
The company promotes its 25 million active users and a high score of the net promoter as reasons why it could interrupt telecommunications as well as digital payments.
With N26 and Revolut already venturing in Telecom, Klarna’s entry is part of a larger trend where neobanks try to wrap financial and connectivity tools on a single platform. It is surely just a matter of time before Paypal joins the fold.