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Fashion magnate takes $225M+ stake in Swedish payment unicorn Klarna

Fashion magnate takes 5M+ stake in Swedish payment unicorn Klarna



 Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fashion tycoon Anders Holch Povlsen, is becoming a “qualified owner” of Klarna — that is, buying up at least 10 percent of the company. This is a secondary deal: specifically,… Read More



Source: techCrunch

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