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Investment

Swedish fintech Klarna closes $800 mn funding at $6.7 bn valuation

Klarna, the global leader in the generational shift away from credit cards, announced the closing of a new $800m financing at a $6.7bn post-money valuation. The financing attracted strong support from both existing and new investors and will primarily be used to expand Klarna’s leading market position in the United States. Sebastian Siemiatkowski, CEO of […]

Categories
Corporate

Swedish fintech firm Klarna makes new appointment to the Board

Klarna, the global payments provider and shopping service, has appointed Michael Moritz, partner at Sequoia Capital, as the Chairman of the Klarna Board of Directors and three new members to the board: Omid R. Kordestani, former executive Chairman of Twitter,  Lise Kaae of Bestseller Group, and Sarah Smith, a senior advisor at Goldman Sachs. Current […]