STOCKHOLM: Klarna Bank AB is raising funds valuing the Swedish fintech startup at around US$31bil, roughly tripling the company’s valuation after its most recent round in September.
The Stockholm-based company is raising around US$800mil and up to US$1bil, the people said, adding the round could be announced in the coming days. Existing investors are participating ahead of a potential public listing next year, said the people, who asked not to be identified because the matter is private.
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