Klarna has taken a decisive step in its transformation into a full digital bank by launching instant peer-to-peer payments in 13 European countries including Italy.
The functionality allows users to send money to friends and family, whether to split a bill or to give a gift, directly from the Klarna app. The goal is to offer a tool that is as simple as exchanging cash but backed by the security and protection of a regulated banking institution.
Klarna’s peer-to-peer payments are now available in Italy as well: what changes for users
The integration of P2P payments represents a natural evolution for Klarna, which in recent years has seen exponential growth in its everyday financial products. The numbers are clear: between August 2024 and September 2025, the global deposits managed by the platform nearly doubled, rising from $9.5 billion to $14 billion.
From a practical standpoint, using the peer-to-peer payment service is intuitive and accessible. To send money, the user simply selects the recipient via a phone number, an email address, a QR code, or a contact already saved in their address book.
Before the payment is finalized, Klarna performs automatic anti-fraud checks and eligibility checks to ensure the transparency and security of transactions. Although initially the service is limited to transfers between Klarna users, the company has already planned to extend this capability to non-registered customers and to enable cross-border payments.
The future of this technology promises further leaps in quality: current P2P payments rely on traditional banking systems, but Klarna is evaluating the implementation of stablecoin-based solutions to further reduce waiting times and increase transfer efficiency on an international scale.
