Klarna is now the 4th highest private fintech worldwide
Klarna has raised $650 million in an equity funding round. This investment values the company at $10.65 billion ranking Klarna as the European highest-valued private fintech.
The funding will help Klarna further invest in its shopping offering and continue to grow its global presence.
The company will also accelerate its momentum across all markets, especially in the US where it now has over 9 million consumers.
We’ve reported that Klarna has announced the launch of its newly redesigned app, enhancing the shopping experience for UK users.