Klarna is trading 4.03% up now at $19.89 after announcing a major European membership overhaul.
- The program removes service fees, increases cashback, and adds perks worth up to €6,000 annually across multiple tiers.
- Bloomberg described the rollout as Klarna’s effort to compete with American Express through rewards and credit-card-like benefits.
- The European rollout spans eleven markets; coverage also reported shares up 3.2% during Thursday morning trading following the announcement.