US EditionKlarna to Launch Unlimited Mobile Plan in US, Joining Fintech Trend
- On Wednesday, June 18, Swedish fintech Klarna revealed it will introduce a mobile phone service with unlimited data in the United States.
- This move follows Klarna's strategy to expand its neobank offering by solving everyday problems through mobile services, as CEO Sebastian Siemiatkowski explained to Reuters.
- The plan uses Gigs, a U.S. mobile OS, offers unlimited 5G data, talk, and text on AT&T's network, and aims to integrate connectivity with financial tools via familiar apps.
- Klarna has over 25 million U.S. users, and analyst Alex Webb said significant disruption is expected in the MVNO market, which Mordor Intelligence estimates at $14.83 billion in 2025.
- Klarna plans to roll out the mobile service in the U.K., Germany, and other countries later this year, joining other fintechs diversifying into telecom amid increased competition and risks.
Insights by Ground AI
Does this summary seem wrong?
14 Articles
14 Articles
All
Left
3
Center
2
Right
1
Klarna, the buy now pay later company, wants to be your carrier with $40/mo plans
The rise of MVNOs has made it possible for some interesting names to power your mobile phone service. Google, Ryan Reynolds, and… others, have all been attached to their own mobile phone carriers. Now, Klarna is joining the ring with its own $40/month plans – and yes, that’s the “buy now pay later” people. more…
Coverage Details
Total News Sources14
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
To view factuality data please Upgrade to Premium
