Klarna Launches Waitlist for Mobile Phone Plan
From Yahoo Finance: 2025-06-18 11:11:00
Klarna, the buy now, pay later provider, is set to launch mobile phone plans in the U.S. for $40 a month, offering unlimited text, talk, and 5G data through AT&T’s network. Other brands like The Trump Organization and actor Ryan Reynolds’ Mint Mobile have also entered the mobile phone plan market.
Klarna CEO Sebastian Siemiatkowski announced the company’s plan to offer mobile phone plans, expanding their neobank services. The move comes as buy now, pay later firms like Klarna look to diversify offerings amid a slowdown in growth, with some aiming to evolve into digital neobanks.
Klarna’s foray into mobile phone plans follows a year of notable events, including filing for an initial public offering in March, only to table those plans in April due to U.S. tariffs on trading partners. Other well-known players like Ryan Reynolds and The Trump Organization have also ventured into the mobile phone plan market.