.Buy now, pay later companies like Klarna and Block's Afterpay might be willing to face harder regulation in the U.K.Nikolas Kokovlis|Nurphoto|Getty ImagesFinancial innovation agency Klarna is pushing deeper into banking along with its very own checking account-like product and also a cashback offering that awards users for buying through its own app.The business u00e2 $" best understood for its own buy now, income later fundings that allowed consumers spend for investments using interest-free month to month installations u00e2 $" mentioned Thursday that it is launching the new items as it seeks to "interrupt retail financial" and also urge customers to move their costs as well as saving onto its own platform." These brand new items produce it simpler for clients to deal with numerous scheduled repayments, assisting our clients utilize Klarna for a lot more constant acquisitions and steering devotion," Sebastian Siemiatkowski, Klarna's CEO as well as founder, informed CNBC.Siemiatkowski claimed that Klarna would like to "support all customers along with their daily investing," including that the items will allow people to "make money while they look around and also handle it in a Klarna account." The two brand-new items, which are being presented in 12 markets featuring the U.S. and also around Europe, will definitely appear in the Klarna app as "harmony" and also "cashback." Klarna harmony lets users stash money in a bank-like private profile, which they can easily at that point utilize to make immediate purchases and pay their purchase now, salary later on loans.Users can easily additionally acquire refunds for returned items straight in their Klarna balance.Cashback delivers consumers the capability to get around 10% of the market value of their acquisitions at engaging retail stores as perks. Any money gained obtains instantly stored in their equilibrium account.It's certainly not Klarna's very first invasion into more standard financial the provider has given inspecting accounts and also discounts items in Germany due to the fact that 2021. Right now, the provider is actually broadening these banking items in other markets.Customers in the EU u00e2 $" where Klarna has an official banking company certificate u00e2 $" will certainly be able to make as high as 3.58% rate of interest on their deposits. Consumers in the united state, nevertheless, will not have the ability to get interest.The launch indicates a primary step up in Klarna's item selection as the fintech gigantic sides deeper toward a much-anticipated U.S. IPO.Klarna has yet to set a taken care of timetable for the securities market directory. Having said that, in a job interview with CNBC's "Closing Alarm" in February, Siemiatkowski said an IPO this year was "possible."" Our team still possess a handful of actions and work in front of ourselves," he said. "However our team like becoming a public company." In the meantime, Klarna resides in dialogues with clients regarding a subsequent share sale to give its employees along with some liquidity, a person familiar with the matter said to CNBC.Klarna's valuation on the open secondary market is currently in the high-teen billions, stated the source, that was speaking on health condition of anonymity as particulars of the share purchase are not yet public.