For now, Klarna is launching bank accounts for a limited number of users. The company expects to roll it out more broadly in the coming months. What you get is a full-fledged bank account with a German IBAN to receive money, set up direct deposits and debits. The debit card works with Google Pay and Apple Pay. You get two free ATM withdrawals per month. Klarna also plans to add savings goals and savings accounts. The startup has already launched savings accounts in Sweden. It offers flexible and fixed-term savings accounts. Klarna has built its own core banking system, which means that it doesn’t rely on a banking-as-a-service partner to manage your bank account. It’ll compete with other digital banks in Germany.

https://techcrunch.com/2021/02/09/klarna-launches-bank-accounts-in-germany/