Finance
Klarna Valuation Raised by Chrysalis as Fintech Preps for IPO
- Chrysalis increased the value of its stake to £120.6 million
- Move gives Klarna a valuation of $14.6 billion, analysts say
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One of Klarna’s shareholders upped the valuation it assigns to the financial technology company ahead of its potential initial public offering next year.
Shareholder Chrysalis Investments Ltd increased the value of its stake to £120.6 million, up from the £100.3 million it assigned the holding in the second quarter, according to company filings. That gives Klarna an implied valuation of around $14.6 billion, according to analysts at Deutsche Bank AG.