October 22, 2018 @ 4:47 pm By Samantha Hurst  |  

Klarna announced on Monday it has signed Rancourt & Co., premium leather shoe crafters, as its first U.S. merchant. This news comes less than two weeks after H&M reportedly invested $20 million into the Swedish fintech. As previously reported, Klarna was founded in 2005 and offers… Read More

October 10, 2018 @ 8:10 am By JD Alois  |  

Global retailer H&M has invested in Swedish payments Fintech Klarna. According to reports, H&M invested $20 million in Klarna, a company that has now raised over $680 million. Additionally, H&M announced a new global partnership in a release posted on its site. and Klarna will… Read More

August 1, 2017 @ 3:13 pm By Samantha Hurst  |  

On Tuesday, Swedish fintech firm Klarna announced the launch of its new peer-to-peer (P2P) payment app, Wavy. This news comes less than two weeks after the company announced its strategic equity investment from Permira. According to Klarna, Wavy enables consumers across 31 European markets to transfer… Read More

July 21, 2017 @ 1:00 pm By Samantha Hurst  |  

Swedish Fintech company Klarna Bank announced on Friday it received a strategic equity investment from Permira, a global investment firm that advises funds and accounts with a total committed capital of circa €32 billion. According to Klarna, the investment partnership will acquire shares from existing… Read More

June 28, 2017 @ 4:39 am By Jonathan Nieh  |  

This week, it was announced that Visa was purchasing a stake in Swedish fintech company Klarna. Details of the deal were not released, but numerous sources report that Klarna will be issuing a new series of equity following the deal. E-commerce Payments Solution Klarna, which was… Read More

June 24, 2017 @ 9:57 am By JD Alois  |  

This trend is picking up speed. Fast growing Fintech firms are looking to receive regulatory approval to operate more like a bank. Klarna, a Sweden based payments platform, was granted a full banking license by the Finansinspektionen, (the Swedish Financial Supervisory Authority) last week. Klarna management… Read More

February 6, 2017 @ 10:11 pm By JD Alois  |  

Klarna, one of Europe’s leading payment providers, has acquired Berlin-based BillPay thus expanding its reach in Europe. BillPay operates in Germany, Austria, and Switzerland. Klarna works with 65,000 merchants to offer payment solutions to more than 45 million users in Europe and North America. BillPay was… Read More

December 9, 2015 @ 10:02 am By Samantha Hurst  |  

GoEuro.com, a European platform for planning and booking all rail, bus and air transportation, has announced the completion of its Series B funding round, which secured a total of $45 million. The round was led by Goldman Sachs, along with new investors including Atomico, Yuri… Read More