Klarna Receives $155M in Financing

Klarna, a Stockholm, Sweden-based online payments service that allows users to shop safely, has received a $155m financing.

Backers include new investors DST Global, General Atlantic and existing investor Sequoia Capital.

The company intends to use the capital to expand into new geographies, hire new people and continue to grow in existing markets.

Founded in 2005 by CEO Sebastian Siemiatkowski, vice CEO and COO Niklas Adalberth, and Victor Jacobsson, CBDO, Klarna offers payment solutions to e-stores in Europe. It lets buyers receive ordered goods before any payment is due. At the same time, it assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. The company’s solutions are currently integrated by more than 14,000 online shops in Sweden, Norway, Denmark, Finland, Germany and the Netherlands.

Klarna’s team also includes:
David Craelius, CTO,
Linda Höglund, CFO,
Ohad Samet, CRO, and
Martin Grauers, CCO.



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