Klarna CEO Sebastian Siemiatkowski at the launch of the online payment start-up’s pop-up store in London.
Dave Benett | Getty Images for Klarna
Klarna is one of the largest providers of buy-now-pay-later services that enable people to finance their purchases interest-free over a period of monthly installments. These services have been particularly popular since the coronavirus pandemic began.
The latest investment in Klarna, led by SoftBank’s Vision Fund 2, solidifies its status as Europe’s top fintech unicorn and the second largest fintech start-up by rating after Stripe.