<SEC-DOCUMENT>0000000000-25-003333.txt : 20260115
<SEC-HEADER>0000000000-25-003333.hdr.sgml : 20260115
<ACCEPTANCE-DATETIME>20250328093607
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-25-003333
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250328

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Klarna Group plc
		CENTRAL INDEX KEY:			0002003292
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD
		SEC FILE NUMBER:	377-07552

	BUSINESS ADDRESS:	
		STREET 1:		10 YORK ROAD
		CITY:			LONDON
		STATE:			X0
		ZIP:			SE1 7ND
		BUSINESS PHONE:		0046734205795

	MAIL ADDRESS:	
		STREET 1:		10 YORK ROAD
		CITY:			LONDON
		STATE:			X0
		ZIP:			SE1 7ND

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Klarna UK II plc
		DATE OF NAME CHANGE:	20231205
PUBLIC REFERENCE ACCESSION NUMBER:		0001628279-24-000371
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
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<DOCUMENT>
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<SEQUENCE>2
<FILENAME>filename2.txt
<TEXT>
                                                            March 28, 2025

Sebastian Siemiatkowski
Chief Executive Officer
Klarna Group plc
10 York Road
London SE1 7ND
United Kingdom

       Re: Klarna Group plc
           Registration Statement on Form F-1
           Response dated March 24, 2025
           File No. 333-285826
Dear Sebastian Siemiatkowski:

     We have reviewed your response dated March 24, 2025 and have the following
comments.

        Please respond to this letter by amending your registration statement
and providing
the requested information. If you do not believe a comment applies to your
facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

       After reviewing any amendment to your registration statement and the
information
you provide in response to this letter, we may have additional comments. Unless
we note
otherwise, any references to prior comments are to comments in our March 21,
2025 letter.

Response dated March 24, 2025
General

1.     In your response to comment 6, you state that the company concluded that
the
       partnership agreement and warrant agreements with OnePay are each a
contract of the
       type that Klarna enters in the ordinary course of its business. Please
revise your
       discussion to clarify whether the two agreements, taken together,
constitute the type of
       commercial arrangement that Klarna regularly enters into as part of its
agreement with
       other merchant partners. In addition, we note that the agreement with
OnePay appears
       to focus on Klarna expanding its offering of Fair Financing offerings to
Walmart
       customers. Since this appears to represent an increased focus on a
lending product that
       has previously been a much smaller percentage of your total consumer
credit balance
 March 28, 2025
Page 2

       compared to Pay Now and Pay Later, please clarify how you concluded that
the
       agreement was a contract that Klarna enters into in the ordinary course
of its business.
2.     We note that in your response to comment 6, you provided a portion of
the disclosure
       that you intend to include in the Summary section of your next
amendment. We note
       that the agreement appears to focus on Klarna's ability to offer Fair
Financing
       products to Walmart customers through the OnePay app. Please expand your
       disclosure, in an appropriate location in the registration statement, to
provide
       management's view as to whether the agreement with Walmart and OnePay is
likely
       to represent a significant change to your overall lending offerings,
since Fair
       Financing represented a comparatively small portion of your overall
outstanding
       consumer balances. Similarly, please address whether management believes
the
       comparatively longer term financing may impact your need for short-term
and longer-
       term deposit or other debt financing.
       Please contact Michael Volley at 202-551-3437 or Robert Klein at
202-551-3847 if
you have questions regarding comments on the financial statements and related
matters. Please contact Madeleine Mateo at 202-551-3465 or Christian Windsor at
202-551-
3419 with any other questions.



                                                            Sincerely,

                                                            Division of
Corporation Finance
                                                            Office of Finance
cc:   Byron B. Rooney, Esq.
</TEXT>
</DOCUMENT>
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