Klarna, the leading global disruptor of payments and banking, and provider of smoooth retail services, announced it has raised $460 million in an equity funding round, at a post money valuation of $5.5 billion. This investment follows a funding round in April of this year that closed above the company’s $100 million target. This new valuation ranks Klarna as the largest private fintech in Europe and as one of the largest private […]
Klarna, one of Europe’s leading payment providers, announces the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna’s „XS2A API is the most established and proven solution that has been developed at scale across markets for almost 15 years through the Klarna Group company Sofort. This platform […]