Klarna

Klarna

  • FOUNDING YEAR: 2005
    LOCATION:
    Sweden
    REGION:
    Stockholms län Stockholms län
    Last Update:
    18 Oct, 2019
    Global presence:
    United States, United Kingdom, Germany, Denmark

Description

FOCUS

PRODUCTS & SERVICES:
Provider of checkout and billing solutions for merchants and shoppers. The company's product Klarna Invoice software which allows customers to buy items now and pay for them later by invoice or through installments. The platform offers a secure and simple way to foster sales for e-stores.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Banking Customers and Merchants
COMMENT
Using data that has been gathered through millions of purchases throughout the years, Klarna can create accurate algorithms that enables the highest acceptance rate on the market.

PEOPLE

MEDICI analysts will analyze Klarna soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$392.58 Millions
DATE OF LAST FUNDING:
Oct 2018
TOTAL FUNDING COMMENT:
The company will use the funds to expand to the United States and Asia and would simplify H&M’s returns and delivery processes as well as combining its in-store, online and mobile payments. (Oct. 2018)
SEED & PRIOR FUNDING:
$80 K
SEED CLOSED ON:
Jan 2005
FUNDING SERIES:
SERIES A
$2.2 Millions Closed: Nov 2007
SERIES B
$9 Millions Closed: May 2010
SERIES C
$155 Million Closed: Dec 2011
SERIES D
$226.3 Millions Closed: Oct 2018
DEBT FUNDING:
$32.5 Millions
LISTED:
NO

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