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Klarna in Talks With Banks for US IPO at $20 Billion Value

From Bloomberg: Swedish firm may list as soon as in the third quarter Fintech giant was once Europe’s most valuable startup The company has started having discussions with investment banks to work on an initial public offering that could happen as early as the third quarter. Photographer: Hollie Adams/Bloomberg By Dinesh Nair, Amy Or, and Swetha Gopinath February[…]

Klarna hits $31B valuation with mega-round

From Pitchbook Swedish fintech company Klarna has raised $1 billion at a $31 billion valuation, cementing its position as the most valuable VC-backed company in Europe, according to PitchBook data. The new price tag is nearly triple the $10.65 billion valuation Karna received in September after raising $650 million. The latest round drew both new and existing investors,[…]