FinTech firm Klarna moves to new Amsterdam city centre office

The Swedish payment giant Klarna is moving into an expansive new office in Amsterdam city centre. The major expansion will see the Swedish payment giant move into 69 Rokin, an art nouveau office building built in 1901 for British firm The Marine Insurance Company. Klarna says it has experienced exponential growth recently, growing by 100% annually in the Netherlands in the past three years. The move also sees the firm, which has a celebrity investor in rapper Snoop Dogg, become a neighbour of the payments processing firm Adyen, which is set to move into a new office on the Rokin this autumn.

Klarna says roughly 900,000 people living in the Netherlands use its app, which allows consumers to pay for goods in instalments, interest-free. Klarna says this allows shoppers to make their payments more manageable and gives them the chance to try and return unwanted products without taking money out of their accounts. So far, roughly 50,000 Dutch webshops have signed up, and brands that work with Klarna include H&M, Gamma, Adidas and Lush.

Finance and FinTech in the Amsterdam Area

As well as Adyen, Amsterdam’s first unicorn, several Dutch startups, such as Ohpen, Buckaroo and EclecticIQ, are based in the city. These firms are following in Adyen’s footsteps and making new advances in the fields of payments, banking software and cybersecurity. International FinTech players such as Azimo, Currencycloud and PayPal also increasingly choose Amsterdam as a base for their European foothold.

Read more business news from around the Amsterdam Area.