Digital Banking

Klarna intros Money Story to offer spending information

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January 31, 2023

Klarna Bank AB, a fintech company based in Sweden, has introduced Money Story in its U.S. app to offer users a spending summary of 2022. With this tool, customers can discover spending habits and make plans for 2023, according to a press release.

Money Story visualizes spending with all purchases, including ones made with via Klarna app, card or at retail partners.

"Our goal with Money Story is to make financial wellness more approachable for millions of consumers," Felix Würtenberger, head of card and banking at Klarna, said in the release. "For Klarna's consumers, this will be the first time they ever receive a comprehensive overview of their yearly Klarna spending. By gamifying the often dull and daunting chore of money management, we hope to inspire users to take control of their finances and make the most of their hard-earned money in 2023 and beyond."