FILE PHOTO: A smartphone displays a Klarna logo in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration
Klarna Chief Executive Sebastian Siemiatkowski told Reuters he believes there was more opportunity ahead. But investors seem undeterred, and the latest deal caps a meteoric rise in value for Klarna, which completed a $650 million funding round in September from a group of investors led by Silver Lake that valued it at $11 billion.
Klarna has been widely rumoured to be among a number of looming tech company listings, with bankers expecting it to complete a New York initial public offering or a merger with a special purpose acquisition company - a listed vehicle created to bring private companies to market.
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