Klarna raises 547 million euros

Klarna has raised an quantity of 650 million {dollars}, which corresponds to roughly 547 million euros. With this recent funding, the Swedish funds firm is now valued at round 8.9 billion euros. This makes Klarna the most important fintech unicorn in Europe.

With the latest valuation, Klarna is even thought-about to be the fourth highest-valued personal fintech on the earth. With the thousands and thousands of euros it raised in a funding spherical led by Silver Lake, Klarna desires to additional spend money on its providing, enhance its world presence, and increase its momentum.

The principle focus will probably be on the US, the place Klarna is gaining a foothold with over 9 million customers already utilizing the cost answer.

Within the US, Klarna has 9 million customers.

The Klarna app is utilized by 12 million customers

Klarna at present has greater than 90 million customers around the globe. The app, which makes it straightforward for customers to pay at each on-line and offline shops, has greater than 12 million month-to-month lively customers and is downloaded 55,000 instances per day. Within the app, customers also can add their favourite merchandise to a want listing, entry distinctive reductions, set worth minimize notifications, and observe bills and deliveries.

Paying on time is rewarded

Vibe is the newest gimmick of that Klarna app. It’s a ‘purchase now, pay later’ loyalty program that rewards customers who pay on time to encourage accountable spending. Vibe is at present solely accessible to customers within the US, however will quickly be launched in different international locations, in keeping with Klarna.

On the retailer aspect, Klarna also can present good figures. Within the first half of this 12 months, the cost firm has related greater than 35,000 new retailers to its community of not less than 200,000 companions, equivalent to Groupon, H&M, Ikea, Nike and AliExpress.

Klarna’s turnover has grown by 36 p.c within the first half of this 12 months in comparison with the identical interval a 12 months in the past, amounting to about 392 million euros.

Klarna’s turnover was price 392 million euros within the first half of 2020.

Tags Sweden

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