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Klarna Raises $200 Million for Australian Launch
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Klarna Raises $200 Million for Australian Launch

Klarna Raises $200 Million for Australian Launch

Emily Donato·
EuropeFintechNews Roundup
·Jan. 31, 2020·1 min read

Klarna has received a $200 million investment from the Commonwealth Bank of Australia (CBA) ahead of their launch in Australia; the bank invested $100 million in August 2019 which was part of a $460 million round; Klarna is known for their buy now, pay later solution which is available in the Nordics, the Netherlands, Germany, Austria, the UK and the US; they are also planning for a New Zealand launch; CBA now has a 5.5% stake in the company and their customers will be the first to leverage Klarna. Fintech Futures

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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AustraliaCommonwealth Bank of AustraliaKlarnaPoint of Sale Finance
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