Hacker News new | ask | show | jobs
by supliminal 66 days ago
What’s the story with Klarna? Any details around it?
2 comments

They got rid of many employees replacing it with A.I thinking it would benefit the company. Now they’ve had multiple security issues, are under investor scrutiny and can’t rely on a robot to get them out of real world predicaments.

don’t be fooled, they lie and deceive too. Klarna who? Investor fraud its what they do. #shutdown

Yeah, people being able to access accounts via recycled phone numbers is not good (this wasn’t their first time either lol and they’ve been fined for similar stuff before by Swedish regulators)

Then the KYC bypass allowing fraud rings to buy 20k worth of products with stolen identities is outrages.

Then the IPO stuff… That entire thing is a mess and there’s so many issues with their F-1A and being dishonest.

Though this is just my subjective opinion and shouldn’t be taken seriously.

The AI isn't a breakthrough; it's a distraction from the fact that the company's security and finances are a mess.

It’s quite funny to now see Klarna offloading their security issues onto other companies (Google) while simultaneously suing them for $8 billion (PriceRunner v.s Google).

Yeah true, mid 2025 they announced it as “A.I innovation” and “collaboration” to fix AP2 without announcing the company then came back late 2025 to say it’s a collaboration with “Google” for security payment protocols etc — While also simultaneously suing Google for 8 billion with their company Price Runner lol.

I guess they were having security issues for a while now and a few have been publicized recently which are the ones you’re talking about, but they kinda fit into the same issues they’ve had in the past and have been fined for like said by @upsetpotato

It’s the punchline at the very end of the article. They ended up with a different SaaS vendor.
Yeah I read through it but all of that is surface level. Any real insider info?

Not sure why I was downvoted. I read the post and the linked articles.