SoftBank’s investments help Klarna estimate $ 45.6 billion

Klarna raised its valuation by 50% to $ 45.6 billion in just three months as the company paid for its acquisition through a sale and acquisition of its new capital from Japan’s SoftBank.

New rating: $ 31 billion in March և: $ 11 billion last September – strengthens the status of the Swedish group as the most valuable private fintech company in Europe.

SoftBank’s Vision Fund 2 topped the $ 639 million fundraiser, joining investors including Silver Lake, China’s Ant Group, H&M and Sequoia Capital ahead of several upcoming promotional offers. should be expected in the next few years.

“Clarna’s growth is based on a deep understanding of how consumer buying behavior is changing, a development that we believe is accelerating,” said Yanni Pipilis, Managing Partner at SoftBank Investment Advisers.

Unlike SoftBank’s Vision Fund 1, which was mainly financed by foreign currency, most of it from the Middle East, the second Vision Fund consists of a purely Japanese investment group.

Last month, SoftBank co-founder Masayoshi Son said it would increase funding for the company’s Vision Fund 2 from $ 10 billion to $ 30 billion as the Japanese group increases investment in private start-ups.

Clarnae is quick to intrude on U.S. investors, saying his U.S. business will soon “multiply from our current business,” according to a Financial Times article. In the fourth quarter, the amount of payments made by Klarna in the US jumped by 296%, according to investors with the same probability.

Chief Executive Sebastian Semiatkovsky told the Financial Times on Thursday that Clarna had seen a particularly strong opportunity in the United States to rely more on debit cards due to the “excessive use” of credit cards և the millennial movement.

Klarna, which is regulated as a bank in Sweden, puts its offer as a “super application” used not only for payments, but also for purchases and retail banking.

However, it does face the challenge of increasingly politicizing regulatory purchases, and later paying companies for concerns about whether they are forcing consumers to buy products they cannot afford.

He had a Clarna app problems on May 27, when about 90,000 users were able to view other customers’ information for a short time, including in some cases the name, address, e-mail. Email և Phone number:

In the past, Semiatkovsky called the “spontaneous” incident “so sad and frustrating” that it caught the attention of data protection regulators.

Siamiatkovsky has just returned from the UK as Clarna continues to view London as a possible listing for her stock market, even if the United States still seems to be the favorite.

He continued sing praises From the United Kingdom to London, he said he was “deeply and sincerely impressed” by what he saw in London. He criticized the EU’s often “really bad” regulations, saying the UK had a “huge chance” of becoming a global fintech hub. “There is such awareness and interest in this topic,” he added.

Klarna is now rated higher than Spotify, a music streaming service based in Stockholm ած a short distance from Nordea, the largest bank in the Northeast.

Semiatkovsky said that SoftBank’s other revenue could be used for acquisitions, and that an IPO would make sense not to raise capital but to provide “liquidity” to its employees who have stock options, because “we can have more M&A to do. ” But he added that he is “a little nervous” now from the foam of the markets. “None of us is in a hurry.”

Additional Report by Miles Krupp in San Francisco և Arash Masoodi in London

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