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Klarna raises 460 million US dollars in equity funding

Klarna, payment provider and bank, popular for its 'buy now, pay later’ services, has raised 460 million US dollars in an equity funding round to become Europe’s largest private fintech firm, valued at 5.5 billion US dollars. The Swedish finance company, which works with 130,000 merchants globally including H&M, Asos, Michael Kors, Zara,...

Aug 7, 2019