

Klarna is one company that boggles my mind. Here in Germany itās against literally every bankās TOS to hand out your login data to other people, they can (and do) terminate your account for that. And yet Klarna works by asking for your login data, including a fucking transaction token, to do their thing.
You literally type your bank login data including an MFA token into a legalized phishing site so they can log into your account and make a transaction for you. And the banks are fine with it. I donāt get it.
The German Supreme Court even deemed this whole shit as unsafe all the way back in 2016 and said that websites arenāt allowed to offer Klarna as the only payment option because itās an āunacceptable riskā for the customer, lol.
Oh, and they of course also scan your account activity while theyāre in there, because whoād give up all that sweet data, which we only know because theyāve been slapped with a GDPR violation a few years back for not telling people about it.
Yet for some reason it is super popular.
Pretty good summary of why Alex Karp is as much a horrible fucking shithead as Thiel.
https://www.thenation.com/article/culture/alex-karp-palantir-tech-republic/tnamp/