Klarna

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

Sweden Is A Tech Superstar From The North

While most of Europe has been mired in economic turmoil since 2008, Sweden has managed to stay afloat -- and even accelerate its growth. The country and, especially, its capital, Stockholm, have outpa

From Flipping Burgers To A $2.25B Fintech Startup

Klarna co-founder and CEO Sebastian Siemiatkowski took the stage at Disrupt London today to discuss his payment startup and the wider financial tech ecosystem in Europe and in the U.S. Klarna isn'

The Online Buy Now, Pay Later Service, Klarna, Adds AmEx As A Partner

Inking the deal with AmEx completes the set of credit companies that are working with the service. The Stockholm-based company had already signed up Visa and MasterCard as partners.

Fashion Marketplace Farfetch Raises $86M Led By DST At A $1B Valuation

Some big news today in the world of fashion e-commerce. Farfetch, the London-based online marketplace for high end fashion retailers, is announcing a raise of $86 million. The funding vaults&nbsp

Klarna Announces U.S. Team As It Plans For 2015 Launch In The U.S.

The payments market in the U.S. couldn't be be more competitive, and now yet another player is entering the mix. Stockholm-based Klarna is set to announce its U.S. team ahead of expansion plans into N

Investors Cash Out Of Payment Technology Startups

Even as a clutch of new payment technology companies including Zooz Mobile and Plastiq announce new financing rounds today, it seems like investors are no longer paying out for payment companies. O

Klarna Acquires Germany’s Sofort For $150M To Build A Formidable European Payment Network

Klarna, the Stockholm-based payments company that has raised a whopping $250 million from top-tier investors like Sequoia Capital, is making an acquisition of its own. The company, which makes it easy
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