Exclusive: Klarna talks to investors on raising funds at over $10 billion valuation: sources

FILE PHOTO: A smartphone displays a Klarna logo in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

But the privately-owned Swedish company will still be valued at less than its rival, Australia’s AfterPay , which has a market capitalisation of about $15 billion. A spokeswoman for Klarna, which was founded in 2005 and already counts Sequoia Capital, Bestseller, Dragoneer and Commonwealth Bank of Australia among its largest investors, declined to comment on its plans.

“BNPL” companies have seen rapid growth as customers turned to online shopping during coronavirus lockdowns.

Beg for more money desperate losers

Klarna cant even answer their merchant cusrtomers queries in the space of week seriously ?!!!

It's pronounced Kamala.. DUH!

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese government exposed to 40% of $6.7 billion Nissan loans: sourcesThe Japanese government has guaranteed most of a loan to Nissan Motor Co from the Development Bank of Japan (DBJ), a source said, taking its guarantee to more than 40% of 713 billion yen ($6.7 billion) in finance for Japan's No.2 automaker. Good. They will reap what they have sowed. Really? WTH Japanese government. Letting people to shoulder stupid corporate politics. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.
Source: Reuters - 🏆 2. / 97 Read more »