Klarna's IPO Pops — $1.4B Raise, Sequoia Wins | NewsLab
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.
Co-founder and CEO, Klarna
| Role | Organisation | Sources |
|---|---|---|
| Co-founder and CEO | Klarna | readtrends.com, SmartCompany, Startup Daily (Tue 2 Mar 2021), Startup Daily (Tue 15 Sep 2020) |
Stories naming Sebastian Siemiatkowski. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
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.
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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.
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