Payment solutions company Klarna is expanding with direct peer-to-peer payments in 13 European countries, according to a press release.

The launch is described as the next step in the company's evolution as a digital bank.

“This launch takes Klarna deeper into everyday banking and makes Klarna a central hub for daily spending and money management,” the company states.

CEO Sebastian Siemiatkowski comments: “Customers are tired of the hassle and fees of traditional banks, which is why millions of people signed up for the Klarna Card within months of its launch. With peer-to-peer payments, we are making it even easier to manage all your payments through Klarna, now including small transfers, making it faster, simpler, and cheaper to handle your money.”

Initially, money can be sent between Klarna users. The service will later expand to recipients without a Klarna account and to cross-border payments.