The round was led by Silver Lake, and also featured participation from GIC, HMI Capital and BlackRock. Klarna is now worth $10.65 billion, nearly double what it was worth last year. Klarna allows customers to “buy now pay later” and spread payments over installments without paying interest.
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Europe Has a New Top VC-backed FT: Sweden’s Klarna
Klarna, a Swedish payments firm, is now the highest valued VC-backed fintech in Europe after completing a $650 million funding round. So reports Pitchbook.
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