Klarna

The five biggest rounds in tech in 2019 and what they mean

Funding for tech startups has been on an inevitable upswing for years, a result of a virtuous circle where wildly successful tech companies on the public markets whet the appetites of investors and in

Klarna CEO says ‘maybe’ of taking public Europe’s most valuable fintech next year (but he’s not ruling out another round, either)

Yesterday at TechCrunch Berlin, we sat down with Sebastian Siemiatkowski, the co-founder and CEO of Klarna, a 15-year-old company that’s currently the most highly valued privately held fintech i

Klarna CEO Sebastian Siemiatkowski to speak at Disrupt Berlin shortly after raising $460 million

Klarna is quietly becoming a fintech giant. Following its latest founding round, the company is now valued at $5.5 billion. That’s why I’m excited to announce that Klarna co-founder and CEO Sebast

Klarna raises $460 million, looks to expand its payments presence in the US

Swedish payments provider Klarna has announced a new round of equity funding, adding $460 million at a post-money valuation of $5.5 billion, which makes it one of the most highly valued private fintec

Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz. The firm

Norrsken opens East Africa startup fund and hub in Kigali

Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation — a co-working space and investment fund based in Stockholm — opened its tech fund and e

Klarna raises $20M from H&M, will build financing and payment services for the fashion retailer

As more traditional brick-and-mortar retailers look to capitalise on the growth of e-commerce and mobile to compete against the likes of Amazon, fintech startups are reaping the rewards. In the latest

Microsoft no longer taking new enrollments for its Surface Plus financing program

Microsoft has quietly ended its Surface Plus financing program about a year after it launched. In a message on its site, the company said it stopped taking new enrollments on August 31 “after mu

Legendary investor Yuri Milner to talk about the future of the internet at Disrupt SF

Yuri Milner has always looked past the present. The world-renowned investor, DST Managing Partner and billionaire has invested $100 million of his own money to look beyond our solar system in search o

Klarna launches a peer-to-peer payment app called Wavy

Fintech startup Klarna grew thanks to its e-commerce payment service, but now the startup is diversifying a bit. The Swedish company is launching Wavy, a free peer-to-peer payment app and service. Aft

Fintech startup Klarna taps Permira for around $250M at $2.5B valuation

Klarna, the Swedish startup that works with e-commerce businesses and retailers to provide financing and other payment services, today announced that it has picked up yet another large investment, its

Visa takes a strategic stake in Klarna, the finance startup out of Sweden

Klarna, the $2 billion+ startup out of Sweden that works with some 70,000 e-commerce sites to enable payments and provide flexible financing to make purchases, is adding one more key investor to help

Klarna gets a full banking license, gears up to go beyond financing payments

After Anders Holch Povlsen and his firm Brightfolk bought up a stake of at least $225 million in Klarna earlier this month, today the profitable Swedish payments startup, now valued at over $2.25 bil

Fashion magnate takes $225M+ stake in Swedish payment unicorn Klarna

Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fas

Atomico closes on $765 million for its biggest fund yet

Atomico has closed its fourth fund with $765 million, making it one of Europe’s single largest venture capital funds. The firm began raising the fund eleven months ago (we’d flagged it for y

Klarna buys BillPay, the PayPal of Germany, for $75M from Wonga

Some chopping and changing is afoot in the world of payments in Europe. Today, Klarna, the startup out of Sweden that works with online merchants to enable flexible payment options, confirmed that it

The team behind Cookies is joining Klarna

All the work that went into creating peer-to-peer payment app Cookies isn’t disappearing forever. After filing for bankruptcy, Swedish tech company Klarna approached the team behind Cookies so that

Klarna launches its first credit product with new U.S. partnerships

The online financing giant Klarna is continuing its rollout in the U.S. with a host of new partnerships and a new product so online shoppers in the U.S. and Europe  can actually take out loans from

Fintech dominates Nordic startup investments

Between January 1, 2014 and end of March 2016, 51 fintech investments were made in companies in Sweden, Finland, Norway, Denmark and Iceland, totaling $390.17 million.

Klarna and Modo announce a new strategic partnership at Money20/20 Europe

Unicorn eCommerce startup Klarna and digital payments startup Modo announced a new strategic partnership this morning at Money20/20 Europe. Under the terms of this new partnership Modo will provide Kl
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