Klarna Secures $1 Billion Through Latest Equity Funding Round - 0 views
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John Kiff on 01 Mar 21Payment processing and global retail banking platform Klarna secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. The company's valuation is now $31 billion and it is claiming to be the highest-valued private fintech in Europe and second-highest worldwide. Klarna offers point-of-sale loans for online and in-store purchases through its mobile app. These loans allow customers to buy now and pay later at popular retailers.