August 06 - 15:08
Klarna raises $460 million, now Europe's highest-value fintech startup
Klarna is targeting the United States after a fresh funding injection. The Swedish payments firm is now the highest-value fintech startup in Europe after raising an additional $460 million, taking its valuation to $5.5 billion. It allows customers to spread payments over four instalments. To hasten its drive in the US, Klarna has also expanded its partnership with online retailer ASOS.
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