Search through our UKHotViews and UKHotViewExtra articles plus complete research reports
One of the companies in the news over recent months has been Klarna, with Visa announcing the purchase of a stake (less than 10%, price undisclosed) in June and Permira, the private equity group, taking a 10% stake for a reported US$250m in July - investments which featured in our recent report Why all the M&A in Payments?
Klarna is one of a rare and endangered species, the European Unicorn, having originated in Sweden along with fellow success stories Skype and Spotify. It is fascinating to see how a business formed to accommodate the particular payment characteristics of some Northern European markets is now viewed as having relevance on a global scale.
Subscribers to FinancialServicesViews can access this latest report in our FintechViews service: “Klarna – The European Unicorn Shaking Up Payments”, here.
Posted by Peter Roe at '08:54' - Tagged: payments FinTech AI
