Klarna becomes a mobile provider – first in the USA

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After the neobanks N26 and Revolut, Klarna has now also announced its entry into the mobile market. Similar to the neobanks, the mobile phone contract will be managed in the Klarna app.

While N26 and Revolut see Germany as one of the first markets for their mobile offering, Klarna is starting on the other side of the Atlantic: users in the USA can use the Klarna app to book an unlimited 5G mobile plan including SMS and telephony for in the coming weeks.

The company also explains that the offer comes with “no contracts or hidden fees” and costs 40 US dollars (plus tax) per month. This is cheaper than the mobile phone contract announced by the Trump family.

Klarna relies on AT&T’s mobile network and the German-American mobile start-up Gigs, which describes itself as an “operating system for mobile services”. Gigs is apparently responsible for the entire substructure. Competitors N26 and Revolut have brought the service provider 1Global on board for a similar service in Europe.

According to Klarna, users can keep their existing number – or choose a new one – and activate their tariff directly in the app. No calls, forms, or branch visits are required. The mobile offer also requires a phone with eSIM support – A physical SIM is not offered.

According to Klarna, the launch of the mobile service in the USA is just the beginning. The company is planning to expand to the UK, Germany and other countries. A concrete time frame for these plans has not yet been given.

Similar to N26 and Revolut, Klarna’s entry into the mobile market is likely an attempt to diversify its own business model, create new sources of income and increase customer loyalty. Klarna claims to have over 100 million users worldwide and is active in 26 countries.


(afl)

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This article was originally published in

German.

It was translated with technical assistance and editorially reviewed before publication.

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