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Tuesday 10 October 2017

* NEW RESEARCH* FintechViews - Klarna: Shaking Up Payments

logoOne of the companies in the news over recent months has been Klarna, with Visa announcing the purchase of a stake (less than 10%, price undisclosed) in June and Permira, the private equity group, taking a 10% stake for a reported US$250m in July - investments which featured in our recent report Why all the M&A in Payments?

fintechKlarna is one of a rare and endangered species, the European Unicorn, having originated in Sweden along with fellow success stories Skype and Spotify. It is fascinating to see how a business formed to accommodate the particular payment characteristics of some Northern European markets is now viewed as having relevance on a global scale.

Subscribers to FinancialServicesViews can access this latest report in our FintechViews service: “Klarna – The European Unicorn Shaking Up Payments”, here.

Posted by Peter Roe at '08:54' - Tagged: payments   FinTech   AI