Klarna’s Bank Charter Bid Puts a Number on What Fintechs Will Pay to Stop Renting Bank Infrastructure

Key Takeaway: Klarna, a Sweden-based consumer fintech, filed applications with the Utah Department of Financial Institutions and the FDIC on July 6, 2026 to establish Klarna Bank USA, a Utah-chartered industrial bank, according to PYMNTS and American Banker. The filing places Klarna alongside Square Financial Services, Nelnet Bank, Thrivent Bank and GM Financial in a […]