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Klarna closes research center in Israel, VISA opens innovation center

Swedish financial services company Klarna has announced the closure of its research centre in tel Aviv. 30 employees of the company are offered the opportunity to move to centres in Sweden or in Germany.

The management of the company explains this step with the intention to focus research activities in the countries in which it operates.

Israeli center-based start-up companies Analyzed, purchased by the Swedes 2011.

Meanwhile, the global credit card company VISA has announced the opening of the Israel innovation center in the field of financial technologies Visa Innovation Studio.

Klarna closes research center in Israel, VISA opens innovation center 14.02.2018

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