Startup · $3.4b raised
Stockholm
Every investor coverage indicates participated in a round Klarna raised.
| Investor | Rounds | Invested |
|---|---|---|
| BlackRock | Unnamed stage | - |
| CBA | Unnamed stage · Unnamed stage · Unnamed stage | $602,500,000 |
| GIC | Unnamed stage | - |
| HMI Capital | Unnamed stage | - |
| Silver Lake | Unnamed stage | - |
The transaction that ended Klarna's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 9 Sep 2025 | $1.4b | SmartCompany, Startup Daily, news.bloomberglaw.com, readtrends.com, flagshipadvisorypartners.com |
Companies Klarna acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Fran Ereira | Country Head for Australia and New Zealand | SmartCompany |
| Koen Köppen | CTO | Startup Daily |
| Michael Moritz | Chair | Startup Daily |
| Niklas Adalberth | Founder | readtrends.com, esade.edu |
| Sebastian Siemiatkowski | Co-founder and CEO | readtrends.com, SmartCompany, Startup Daily (Tue 2 Mar 2021), Startup Daily (Tue 15 Sep 2020) |
Stories naming Klarna. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian insurtech Cover Genius raised $143 million led by Vista Credit Partners, pushing its valuation above $2 billion, with funds earmarked for platform development, AI claims capabilities and international expansion.
Vista Credit Partners is backing Cover Genius's USD 100 million raise, which puts the insurance platform's value at USD 1.9 billion; Morgan Stanley acted as placement agent.
Also SmartCompany·inspirepreneurmagazine.com·Cut Through Venture·SmartCompany·Startup Daily·Forbes Australia
Ten13's post explains why it led Flyweel's pre-seed round with QIC, Antler and angel investors, backing a platform bringing real-time financial visibility and funding to advertising spend.
Flyweel, a Queensland fintech for financing and managing ad spend, has banked $2.41 million in a pre-seed round Ten13 led, with Antler, QIC and several founder-angels aboard; a US launch comes first.
Linktree has bought Melbourne rival Fingertip and will shut it down in 2026, with its cofounders joining; the piece also recaps Linktree's earlier acquisitions and the Leibovich brothers' failed ventures.
Also Dealroom·Forbes Australia
ANZ is winding up its venture arm 1835i and has shut Cashrewards after selling its Airwallex stake; the piece also recalls Airwallex's later raises and CBA's Klarna investment, stake sale and New York listing.
ANZ is winding up 1835i, its externally managed venture arm, weeks after selling its Airwallex stake; the piece recalls Cashrewards' takeover and closure, Airwallex raises, and CBA's Klarna windfall.
Klarna Group and selling shareholders raised $1.37 billion floating on the US market, priced above the marketed range, with the offer reportedly more than twenty times oversubscribed.
Klarna went public on the New York Stock Exchange; most of the $1.4 billion offering came from holders selling stock, with Sequoia the biggest seller and only a small slice newly issued.
Swedish BNPL firm Klarna is preparing a renewed New York float, seeking as much as USD1.27 billion at a valuation a source puts at USD12.5-14 billion, after earlier delays.
Crunchbase curates twelve fintech startups it considers likeliest to go public after Klarna's planned offering, covering their funding histories, Stripe's employee share sale, and MoonPay's recent purchase of Iron.
Blackbird's note explains why it led Lorikeet's nine-million-US-dollar round alongside co-investors, describing the startup's workflow-first approach to harder support tickets and its results with Eucalyptus.
Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily
Larry Diamond, who started Zip, is stepping aside from its US top job as Joe Heck takes over and Kevin Moss joins the board; the piece also recounts the fintech's past raises and divestments.
Esade honours the Klarna co-founder at its alumni day; he describes Norrsken's mission to support companies with positive impact and reflects on entrepreneurship, networking and mentoring.
Perennial's analysis of exit conditions argues improving markets will lift M&A, IPO and secondary activity, surveying recent ASX deals, secondaries involving Canva, Employment Hero and Eucalyptus, and LP pressure for distributions.
Also Folklore Ventures·Women's Agenda·quadrantpe.com.au·Forbes Australia·Dealroom
Splitit announced $60 million in committed investment from Motive Partners, Thorney and Parea Capital, tied to conditions including leaving the ASX; the piece recalls the payments firm's 2019 listing.
Klarna's Climate Transformation Fund invested over $500,000 in Western Australian carbon-capture startup InterEarth, which stores tree biomass underground; insurer Zurich has also invested, founder Howard Carr told SmartCompany.
TechCrunch roundup: FTX fallout hits Nestcoin and SoftBank's stake, while Quix, Joepegs, Vow, Faraday Future and Butter raise, plus items on Twitter, VLC, DoorDash, Hulu, Google and Apple.
Also AgFunderNews
Ignition Lane's weekly wrap reports falling Australian venture funding, lists several startup raises and fund raises, covers Chargefox's acquisition, Volt's closure, the Zip-Sezzle merger termination, and global tech news.
Also Women's Agenda·Startup Daily·SmartCompany·Techboard·SmartCompany
UK payments firm GoCardless raised A$437 million in Series G funding led by Permira, with BlackRock Private Equity Partners joining, valuing it at A$2.9 billion as it readies its Australian platform for PayTo's launch.
Scalapay, a European buy-now-pay-later provider started by two Australians, has closed a Series A round worth A$210 million led by Tiger Global, and recently appointed two executives to run operations and expansion.
Scalapay, an Australian-born BNPL startup focused on European fashion retail, raised a $210 million Series A led by Tiger Global, valuing it above $1 billion, following a $63 million seed round in January 2021.
Buy-now-pay-later fintech Scalapay, founded by Australians and focused on Southern Europe, has raised a $210 million Series A led by Tiger Global, reaching unicorn valuation, with hiring plans ahead.
Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Refundid, which pays online shoppers their refunds instantly and recovers the cost from retailers, has raised $3 million in equity and debt led by Afterpay-backed AP Ventures, with Paul Greenberg investing and joining its advisory board.
Also SmartCompany
Analysis of buy now, pay later financials comparing recent quarterly results from Klarna, Afterpay and Affirm, alongside fresh capital raises by Divido and Zilch in a sector growing fast but still unprofitable.
Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda
A weekly roundup reporting fresh raises by Deferit, Karbon, VendorPanel, Symple and Thrive, plus Klarna's US$1 billion round at a US$31 billion valuation.
Klarna, the Swedish buy-now-pay-later bank backed by Commonwealth Bank, has secured new funding of US$1 billion at a US$31 billion valuation; CBA confirmed its participation, and two earlier raises are recalled.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany
Weekly roundup reporting Salesforce's Slack acquisition, several ASX listings, multiple Australian startup raises, OneVentures' fund tranche close, and international deals including Facebook buying Kustomer.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily
Swedish BNPL company Klarna raised US$650 million led by Silver Lake, valuing it at US$10.65 billion. The piece recalls CBA's earlier US$300 million investment and its joint ownership of Klarna's Australian business.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany
Commonwealth Bank invests US$10 million each in Square Peg and Zetta's latest funds, backs new venture Backr via X15 Ventures, awarded Givvable a cash prize, and recalls its Klarna stake.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany
Daily roundup covering an insider-trading case involving ASX-listed Innate Immunotherapeutics, Klarna's first Australian retail deal, health-tech raises by Adherium and Prospection, and the administration of Calombaris's restaurant group.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·prospection.com
Australian banks are entering buy-now-pay-later: CBA has put $100 million into Klarna, Westpac earlier backed Zip, and Latitude is preparing to launch Latitude Pay, raising questions about credit cards' future.
US camping-marketplace Hipcamp raised a $25 million Series B backed by Will Smith's and Jay-Z's investment funds, and the piece recaps celebrity stakes in Impossible Foods and Klarna.
Commonwealth Bank announced a US$100 million investment in Klarna within the Swedish payments firm's US$460 million raise, becoming its exclusive partner across Australia and New Zealand.
Also Startup Daily