Klarna selects Amazon Web Services as preferred cloud provider
Klarna has selected Amazon Web Services (AWS) as its preferred cloud provider.
Having already worked with Amazon in the past, the Swedish banking firm has reinforced its reliance on AWS to increase redundancy and fault tolerance as it aims to scale its business.
It also plans to follow up the launches of its cloud-based Open Banking platform and customer authentication platform with additional on-demand products using AWS.
“Together with AWS we share a relentless focus on providing choices to consumers, so they no longer have to settle for the status quo,” says Koen Koppen, chief technology officer at Klarna.
“Our collaboration with AWS has helped us to rapidly innovate and create new services and applications that customers want, in a secure and seamless way.”
Andy Isherwood, managing director for AWS EMEA, adds that Klarna is going to “change the world” with cloud technology.
“We have worked with Klarna for over a decade and it has been inspiring to see them grow from a Swedish startup to a global financial services powerhouse, using the secure, proven infrastructure of AWS.”
Klarna raised $460 million in equity funding back in August, which at the time valued it at $5.5 billion. The firm reiterated at the time its intention to focus on an expansion into the US market.