Fashion magnate takes $225M+ stake in Swedish payment unicorn Klarna

 Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fashion tycoon Anders Holch Povlsen, is becoming a “qualified owner” of Klarna — that is, buying up at least 10 percent of the company. This is a secondary deal: specifically,… Read More


from TechCrunch http://ift.tt/2rBpLvD
via IFTTT