Remember those two high-level executives from Swedish startup Klarna who were arrested earlier this month on sexual abuse charges?
Their names are Jens Saltin and Niklas Adalberth, and they were arrested at the W Hotel in New York after allegedly molesting a 19-year-old tourist from Texas.
Well after a little follow up (it’s not often that we get to call into the New York City District… → Read More
Details are sparse and we have calls in, but the two execs at Klarna, Jens Saltin and Niklas Adalberth, were arrested at the W Hotel in New York for alleged molestation. The victim was a 19-year-old tourist from Texas.
Saltin and Adalberth are currently out on $10,000 bail. According to the NY Post, “Adalberth allegedly straddled her body while he and Saltin ripped off her clothes and fondled… → Read More
2011 is going to be a big year for payments, with more startups and mature companies getting funded in the space than almost ever before. It’s important to make the distinction between the headline chasers, the slow moving giants struggling for a piece of the pie and the companies that have a chance at real disruption. For my money Facebook and Square are both very interesting companies to follow… → Read More
Klarna, one of the biggest providers in Europe of in-store credit and invoice based payment solutions for the e-commerce sector, has secured funding from Sequoia Capital, which famously also backed Google. Terms have not been disclosed but we’ve learned Klarna will do a directed new share issue of SEK 70m (approx. $9 million).
Highly unusually, Mike Moritz, Sequoia Capital Partner and former… → Read More
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