Swedish payment giant Klarna is going to cut hundreds of jobs in the coming days. Today’s news comes a few days after the Wall Street Journal reported that the company was going to cut its valuation in order to raise fresh capital. The company currently employs around 7,000 people. Cutting 10%...
Sebastian Siemiatkowski
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U.S. consumers now have the choice to use Klarna’s “Pay Now” service to pay immediately and in full at any online retailer where Klarna is available. This adds to the global retail bank, payments and shopping giant’s stateside offerings, where Klarna has doubled its customer base to more...
Johan Brenner Contributor Share on Twitter Johan Brenner, general partner at Creandum, early backer of iZettle, Klarna, Trade Republic, Vivino, Neo4J and many more. As an early-stage VC, you spend time with hundreds of fantastic startups,...
Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion. Rumors swirled in recent weeks that Klarna had raised more money at a valuation north of $40...