Klarna: CFO Niclas Neglén and CMO David Sandström to depart early 2027, plans to hire US-based CFO

Published Aug 18, 07:37 PM UTC

Klarna, the Swedish fintech and aspiring neobank, announced that its long-time CFO Niclas Neglén and CMO David Sandström will depart in early 2027. The company plans to search for a U.S.-based CFO amid elevated demand for banking talent, as it seeks to expand beyond buy now/pay later into full banking services. The news came as Klarna reported Q2 earnings that beat estimates, with revenue up 27% to $1.04 billion. However, the stock fell after the company lowered its full-year guidance for gross merchandise volume and revenue, citing currency conversions and softening in Germany, its largest market by volume. The U.S. is Klarna's largest market by revenue and a key growth pillar. CEO Sebastian Siemiatkowski emphasized the importance of a stronger U.S. presence and proximity to investors.