Klarna CEO Sebastian Siemiatkowski attends the launch of the net fee start-up’s pop-up retailer in London.
Dave Benett | Getty Images for Klarna
LONDON — Swedish fintech agency Klarna mentioned Thursday that it raised $639 million in a brand new funding spherical led by SoftBank, valuing the corporate at $45.6 billion.
Klarna is without doubt one of the largest suppliers of buy-now-pay-later providers, which let folks finance their purchasing purchases interest-free over a interval of month-to-month instalments. These providers have grow to be notably fashionable because the coronavirus pandemic started.
The newest funding in Klarna, which was led by SoftBank’s Vision Fund 2, cements its standing as Europe’s high fintech unicorn, and the second-biggest fintech start-up by valuation after Stripe.
