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Klarna Raises Cash From SoftBank at $45.6 Billion Valuation

  • Fresh funding comes on the heels of two large raising rounds
  • Sweden-based fintech firm raises $639 million in latest deal
Klarna

Photographer: Thomas Trutschel/Getty Images

Klarna Bank AB is raising fresh funds led by SoftBank Group Corp. that value the Swedish fintech startup at $45.6 billion, just months after two separate investment rounds have sent the company’s valuation soaring.

The Stockholm-based company, which is already Europe’s most valuable startup, raised $639 million in new equity funding, it said in a statement on Thursday.