Kustom (formerly Klarna Checkout) supplies checkout and POS solutions to roughly 24,000 merchants across the Nordics and other European markets, competing locally with players such as Walley, Avarda and Qliro. The company was formed after an investor group led by CEO Kamjar Hajabdolahi acquired Klarna Checkout from Klarna in late summer 2024. Kustom emphasizes serving merchants that do not offer their own credit or loan options and positions that as a competitive differentiator versus rivals with integrated credit products. Financially, Kustom reported 1.2 billion kronor in revenue and a 197 million kronor operating profit for 2025, though its Q4 operating profit fell to 39 million from 87 million year-over-year. The company plans a stepped-up push in 2026, including launching proprietary new products and jointly developing offerings with Resurs as part of their strategic partnership.

Total raised

$39M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2026