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June 7, 2017 03:59 pm GMT

Fashion magnate takes $225M stake in Swedish payment unicorn Klarna

Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fashion tycoon Anders Holch Povlsen, is becoming a “qualified owner” of Klarna — that is, buying up at least 10 percent of the company. This is a secondary deal: specifically,… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jFq2ROS62UU/

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