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Klarna raises $650m in primary and secondary funding at a $10.65b post-money valuation

Swedish payments platform for e-commerce raised $650m in primary and secondary funding led by Silver Lake.

More recently, the company expanded to the U.S. where it now has 9 million customers out of 90 million customers in total. It mainly competes with Affirm in the U.S. Klarna has also been expanding its offering by targeting consumers directly — not just e-commerce companies.

Tags

payments, sweden