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Fintech giant Klarna raises $639m at a $45.6b valuation amid ‘massive momentum’ in the US

Sweden based online payment platform raised $639m in new funding at a $45.6b valuation led by SoftBank Vision Fund 2.

“We report quarterly to national authorities and are a fully regulated bank so do all the things you expect to see from public companies such as risk control and compliance,” he told TechCrunch. “We’re reaching a point for it to be a natural evolution for the company to IPO. But we’re not preparing to IPO anytime soon.”

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bnpl, europe, payments