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Klarna raises €90 million for acquisition of SOFORT

Press releases   •   Mar 14, 2014 08:00 GMT

Klarna today announced it has raised €90 million from its investors, in order to finance the acquisition of SOFORT. The fundraising was led by Klarna’s founders, with participation from existing investors like Sequoia Capital, General Atlantic and Atomico.

Klarna completes SOFORT acquisition

Press releases   •   Mar 07, 2014 09:00 GMT

Klarna today announces the completion of the SOFORT acquisition as all conditions precedent for the closing have been fulfilled. The two companies will together form Klarna Group and become Europe’s leading alternative online payments provider.

Klarna and SOFORT join forces to become one of the leading independent European online payments providers

Press releases   •   Dec 18, 2013 09:09 GMT

• Complementary businesses unite to accelerate growth across all European markets • New group will combine payment alternatives preferred by more than half of German consumers • Merchants to benefit from a new leading European payment group