Stockholm-based scaleup Klarna lands €547 million to invest in its “smoooth” shopping experience
Swedish scaleup Klarna, a leading global payments and shopping service, has announced it has raised around €547 million in an equity funding round, at a post money valuation of around €8.9 billion. In the app, consumers can also now wishlist their favourite items, access unique discounts, set up price-drop notifications and track spending and deliveries intelligently. Klarna’s unique proposition, consumer preference and global retailer network will prove an excellent platform for further growth. Klarna’s retail partners benefit from incremental traffic and dramatically improved customer conversion. Consumers love Klarna for its differentiated app-based shopping experience and for their flexible and transparent payment options.