Victor Jacobsson

About Victor Jacobsson

Victor Jacobsson cofounded Klarna in 2005, pioneering the buy-now, pay-later model in fintech.

He left the company in 2012 but retains a stake in the business estimated at around 9%.

Klarna lets consumers pay for small and large retail items in installments. In July 2022, private investors valued the company at $6.7 billion, down from a prior $45.6 billion.

It is a fully licensed bank in Europe, where it offers checking accounts, savings accounts and debit cards.

Investors in Klarna include Sequoia Capital, Dragoneer, Silver Lake, Bestseller Group, Visa and Ant Group.