I had never heard of Cookies (I really don't follow fin-tech), but being Swedish Klarna is pretty close to being a household name. Cool to see them mentioned.

This sentence scared me:

After filing for bankruptcy, Swedish tech company Klarna approached the team behind Cookies so that they can join another fintech company.

To me the above really sounds as if Klarna filed for bankrupcy, but it refers to Cookie (which is perhaps clear if you know the background and/or context).