Fintech Firm Klarna Secures $639M In Funding

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The company received a valuation of $45.6 billion. : Klarna, a Sweden-based financial technology firm, announced that it has raised $639 million in the latest funding round for global expansion. The recent investment round was led by SoftBank’s Vision Fund 2. According to an official press release, the company is now valued at $45.6 billion, the highest valuation received by a private fintech firm in Europe. Klarna mentioned that 1% of the total equity raised by the company will be directed to initiatives supporting planet health.

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