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Klarna raises $1b in new funding at $31b valuation

Sweden based payments platform that lets users buy now and pay later raised $1b in new funding from more than 30 new and existing investors. 

“What definitely has accelerated and changed is the success in the U.S. market,” Siemiatkowski said in an interview. Investors are seeing Klarna getting ahead of its competitors, he said. “I think that has changed the perspective and changed the view on our valuation.”

Tags

bnpl, payments, sweden