Marqeta, a modern card issuing platform, has announced its collaboration with Klarna, a global digital bank, to introduce the Klarna Card across 15 additional European markets, leveraging Visa’s Flexible Credential technology.
The expansion extends Marqeta’s established partnership with Klarna. The Klarna Card enables users to choose between paying immediately or opting for a pay-later option, all through a single debit card experience. This integration with Marqeta’s platform is designed to facilitate accelerated market entry and efficient scaling across multiple countries for Klarna. The Klarna Card is currently rolling out in the UK, Denmark, Germany, Norway, and Poland. It is already available in Austria, Belgium, Finland, France, Ireland, Italy, the Netherlands, Portugal, Spain, Sweden, and the U.
S.
David Sandström, Chief Marketing Officer at Klarna, stated, “At Klarna, we believe everyday spending should be simple, flexible, and fair. Together with Marqeta and Visa, we’re redefining how people pay across Europe, combining the simplicity of debit with the power of pay-later options in one seamless experience. The Klarna Card gives consumers a smarter, more transparent way to manage their money, on their terms.”
This European rollout follows the U.
S. launch of the Klarna Card in June 2025. In July 2024, Marqeta became the first issuer processor in the U.
S. certified for Visa Flexible Credential.
Rahul Shah, Chief Product and Engineering Officer, Marqeta, commented, “We’re proud to enable Klarna’s European expansion with the deployment of Visa Flexible Credential in Europe. This rollout across 15 new markets demonstrates the power of Marqeta’s platform to advance innovation at scale, and we’re eager to continue growing our partnerships with Klarna and Visa to meet evolving expectations for what’s possible in payments.”
Marqeta’s platform assists companies in developing customized card programs using current payment solutions, allowing for significant scale while maintaining control. The company processed nearly $300 billion in annual payments volume in 2024 and is certified to operate in more than 40 countries worldwide.
Klarna operates as a global digital bank and flexible payments provider, serving over 111 million active users globally and processing 2.9 million transactions daily. Its AI-powered payments and commerce network supports consumers in paying with Klarna online, in-store, and via Apple Pay & Google Pay. Over 790,000 retailers, including Uber, H&M, and Nike, utilize Klarna’s solutions.
Visa, a global leader in digital payments, facilitates transactions across more than 200 countries and territories.
