+$10 billion - Sep 8, 2020
About the Klarna valuation
Klarna lets you Pay now, Pay later or Slice up your payment. You choose what to buy, so you should choose how to pay.
Klarna offers a buy now, pay later (BNPL) online shopping service through which consumers make purchases from retailers in Klarna’s network without an upfront payment. Shoppers can spread their payments over four interest-free installments over two months, or can pay it all in a month.
The Swedish firm’s lineup of investors includes Sequoia Capital, Bestseller, Dragoneer and Commonwealth Bank of Australia.
Klarna has also been busy ramping up its operations in the United Kingdom. The company recently unveiled a redesigned app aimed at U.K. shoppers.