Stockholm  – October 8 2020 – Klarna Bank AB is pleased to announce Lise Kaae will join the Board of Directors. Lise is currently the CEO of HEARTLAND A/S, the investment entity of the Bestseller Group and currently sits on the Board of Directors of Bestseller Group. Prior to her appointment at HEARTLAND A/S Lise was the CFO of the Bestseller Group. Lise was previously on the Board of Directors at Handelsbanken (2015-2020).

Sebastian Siemiatkowski, CEO and co-founder of Klarna: “I am delighted to welcome Lise Kaae to the Klarna Board. Lise is an exceptional executive with experience leading world-class brands during periods of significant growth and success. Lise brings rich knowledge in both retail and finance sectors which will be of tremendous value to Klarna at a time when the business is gaining strong momentum and as we pursue on our mission to create the smoothest shopping experience for our merchants and customers.”

Lise Kaae: “I am very proud and at the same time humble in regard to my appointment. Klarna is a real positive stand-out within its industry and I will do my very best to contribute to the accelerating journey that I feel lies ahead of Klarna.”

The Klarna Board will comprise of:

• Jon Kamaluddin (Chairman of the Board)
• Sebastian Siemiatkowski (CEO and Board member)
• Sarah McPhee
• Lise Kaae
• Sir Michael Moritz
• Mikael Walther
• Andrew Young

Klarna is the pioneer and global leader of buy now, pay later options. With more than 200,000 retail partners globally and a US consumer network of 9 million shoppers, Klarna offers consumers convenience, flexibility and control. The Klarna app, which enables customers to shop at any online store, offers a best-in-class experience sees more than 12 million monthly active users globally.   

The appointment is subject to SFSA approval.

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About Klarna

We make shopping smooth. With Klarna, consumers can buy now and pay later, so they can get what they need today. Klarna’s offering to consumers and retailers includes payments, social shopping and personal finances. Over 200,000 retail partners including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress, have enabled Klarna’s innovative shopping experience online and in-store. Klarna is ranked number five on the 2020 CNBC Disruptor 50 list, is one of the most highly valued fintech in Europe, with a valuation of $10.65 billion, and is one of the largest private fintechs globally. Klarna was founded in 2005, has over 3,500 employees and is active in 17 countries. Klarna has been backed by Sequoia Capital since 2010 and more recently, Dragoneer, Bestseller Group, Permira, Visa,  Atomico, Ant Group and Silver Lake, HMI Capital, TCV amongst others. For more information, visit klarna.com.

Contact: Klarna

Aoife Houlihan

Press@klarna.com or Aoife.Houlihan@klarna.com 

+46 (0) 72855 8047