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Klarna may opt for direct listing as private funding looms

The “buy now, pay later” firm completed a $650m funding round in September from a group of investors led by Silver Lake that valued it at $11b. The banking sources, and another source familiar with the company, said it was finalizing another private funding round to raise at least $500m that could be completed within days.

“I think it’s a very interesting concept. I know that Spotify did it successfully,” Siemiatkowski said, referring to the music streaming service. “I can see it’s a more modern way of making a company public ... if you hear us having an interest in it that is true because we are interested in it.”

Tags

bnpl, direct listing