2Checkout CEO: Plenty of room in payment space to welcome Klarna to town

Story excerpt provided by Columbus Business First.

Written by Evan Weese.

2Checkout.com Inc. will have a new competitor in town with the arrival of Klarna Group, but that’s not tempering expectations for CEO Shawn Budde.

The Grandview Heights, Ohio payment processor is riding worldwide growth in e-commerce – much like its Swedish counterpart that will run new U.S. operations from Columbus – and Budde expects the business to triple transaction volume in 2015 and 2016.

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Originally published December 9, 2014.