BillPay GmbH is part of the Klarna Group. Klarna is one of Europe’s leading payment providers and a licensed bank which is fundamentally changing the payment experience for both customers and merchants. Founded in Sweden in 2005, the company enables online shoppers to settle open payments quickly, easily and securely either immediately, later or in instalments. Klarna works with more than 500,000 merchants such as Asos, Spotify, MediaMarkt and Deutsche Bahn and currently employs more than 5,000 people in 45 countries. In 2014, Klarna purchased Sofort GmbH; this was followed in 2017 with the acquisition of BillPay GmbH. The company’s investors include Sequoia Capital, Bestseller Group, Atomico, VISA and Permira.
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