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Technology

Reuters exclusively reports Klarna may opt for direct listing as private funding looms

Swedish payments firm Klarna may list on the stock market without raising money by selling new shares, its CEO told Reuters, as banking sources said the company was close to securing more private funding. The “buy now, pay later” firm completed a $650 million funding round in September from a group of investors led by Silver Lake that valued it at $11 billion. Reuters sources said it was finalizing another private funding round to raise at least $500 million that could be completed within days.

Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Equities
Regions: Europe
Countries: EnglandSweden
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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