.Acquire now, income later firms like Klarna and also Block's Afterpay might be willing to face harder regulation in the U.K.Nikolas Kokovlis|Nurphoto|Getty ImagesFinancial modern technology company Klarna is pushing deeper right into banking along with its personal monitoring account-like product and a cashback offering that rewards consumers for shopping via its app.The business u00e2 $" most ideal recognized for its own purchase now, income later finances that permitted buyers spend for purchases through interest-free monthly installments u00e2 $" mentioned Thursday that it is actually introducing the brand new items as it seeks to "interfere with retail banking" as well as motivate customers to move their investing and also conserving onto its platform." These brand new items produce it simpler for consumers to take care of a number of planned settlements, helping our customers make use of Klarna for even more regular purchases and driving commitment," Sebastian Siemiatkowski, Klarna's chief executive officer and owner, said to CNBC.Siemiatkowski said that Klarna wishes to "sustain all consumers along with their everyday spending," adding that the items are going to allow folks to "earn money while they shop and manage it in a Klarna account." The two brand-new products, which are actually being presented in 12 markets including the U.S. and also around Europe, are going to appear in the Klarna app as "equilibrium" and also "cashback." Klarna balance allows customers keep amount of money in a bank-like individual account, which they can then use to make on-the-spot acquisitions as well as pay their purchase right now, income later on loans.Users can easily likewise get reimbursements for returned products straight in their Klarna balance.Cashback offers clients the potential to make up to 10% of the worth of their purchases at participating retail stores as incentives. Any type of cash gained receives immediately saved in their balance account.It's certainly not Klarna's initial invasion into even more conventional financial the provider has actually offered inspecting profiles and cost savings items in Germany due to the fact that 2021. Currently, the company is actually broadening these financial items in various other markets.Customers in the EU u00e2 $" where Klarna possesses a main bank permit u00e2 $" will certainly be able to earn as much as 3.58% enthusiasm on their down payments. Consumers in the U.S., having said that, will certainly not be able to gain interest.The launch signifies a major improve in Klarna's product assortment as the fintech giant edges closer toward a much-anticipated U.S. IPO.Klarna possesses yet to establish a corrected timeline for the securities market directory. Having said that, in a meeting with CNBC's "Closing Alarm" in February, Siemiatkowski said an IPO this year was "possible."" Our experts still have a handful of measures and also job before ourselves," he mentioned. "Yet we're keen on ending up being a public provider." In the meantime, Klarna remains in discussions along with entrepreneurs about a subsequent share sale to supply its staff members with some liquidity, an individual accustomed to the issue informed CNBC.Klarna's valuation on the open secondary market is presently in the high-teen billions, said the source, who was speaking on disorder of anonymity as information of the portion sale are certainly not yet public.