Klarna is an eCommerce payment solutions platform for merchants and shoppers. Klarna has raised a total of $3.1B in funding over 24 rounds.
Their latest funding was raised on Apr 21, 2021 from a Secondary Market round. Klarna is funded by 48 investors, Sutton Capital and Dragoneer Investment Group are the most recent investors.
The platform gives customers the freedom to choose how and when to pay. They also offer direct payments, pay after delivery options, and installment plans.
Klarna is a regulated bank known for its “buy now, pay later” model that offers shoppers interest-free financing on retail purchases over a period of installments.
Klarna was founded in 2005 in Stockholm, Sweden by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson.
Most recently Klarna has announced a new initiative aimed at helping small and medium-sized businesses that were most impacted by the pandemic get back on their feet.
The company is donating $4.5 million in payment and media services to 100 small businesses across the nation.
There’s been no official announcements of an IPO yet, but if you’re interested in waiting, then please download the IPO Wait App.