Klarna is a just a predatory loan shark with an app.<p><a href="https://www.latimes.com/politics/story/2021-08-11/sleek-new-credit-apps-target-a-young-generation-already-drowning-in-debt" rel="nofollow">https://www.latimes.com/politics/story/2021-08-11/sleek-new-...</a><p>Companies like this exist only due to massive financial ignorance.
> The trade union Unionen is suing Klarna in the Labor Court for over one million kroner<p>1M Kroner is roughly nearly $100K which is nothing for Klarna, So:<p>> We are suing Klarna for an unusually large amount of damages.<p>Makes absolutely no sense. Especially when Klarna has lost over 90% of its valuation from $45B to $6.7bn.