Business stories
Sep 15, 20201 min read

Klarna announces $650M funding round to further accelerate global growth.

klarna

by Klarna

From unicorn to decacorn

We are thrilled to announce that Klarna has raised $650 million in an equity round, at a post money valuation of $10.65 billion. This ranks us as the highest-valued private fintech in Europe and now the 4th highest worldwide. We at Klarna know that our journey has just begun and with our unique proposition that positions us at the crossroads of payments, financing, retail, shopping and banking we will continue to develop and innovate with a relentless focus on a superior customer experience.

The funding will help us further invest in our shopping offering, continue to grow our global presence, and accelerate our strong momentum across all markets, especially in the US where we are growing particularly rapidly and now have more than 9 million consumers.

Read more about the funding in our press release.

Massive Thank you to all our employees for your hard work, dedication, and passion. And to all of our consumers, retailers and partners for your ongoing support.