the Owners offered to subscribe for shares at a total valuation of Klarna at the equivalent of 32 billion. This means an increase in value at the later time, then the last known valuation of two years ago was the equivalent of 20 billion.

the Sequoia, Bestseller and ceo Sebastian Siemiatkowski, according to Breakit promised to subscribe for the issue.

”the Competition to be the next generation of global bank to private individuals is increasing. We have therefore decided that it is time to bring in new capital to take our company forward”, said Sebastian Siemiatkowski in a letter to the owners.

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