# Klarna Bank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klarna-bank

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.klarna.com/
- Total disclosed funding: $773M
- Latest round: Series H (Jun 10, 2021)
- Investors on record: 20

## About

Based in Stockholm, Sweden, and founded in 2005 by CEO, Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson, Klarna Bank AB is a financial technology company that provides payment solutions for online storefronts, direct payments, and post-purchase payments. In December 2023, Close Brothers Ltd., a portfolio company of Atomico, Creandum, Harvest Capital, Institutional Venture Partners, Klarna Bank AB, Northzone, Panorama Point Partners, Partners Group, Permira, Sequoia Capital, Visa Inc., Wellcome Trust, and Wellington Management, acquired Bluestone Motor Finance (Ireland) DAC from Bluestone Group. The company's client base includes H&M, Saks, Sephora, Macy's, IKEA, Expedia Group, Samsung, and ASOS. In September 2025, Klarna Bank AB raised an IPO, selling shares at USD 40 per share, above the expected range. 

The company provides a platform that enables e-commerce companies to provide customers with direct payment, pay-after-delivery, or installment plan payment options. The firm ensures transparency and fosters it among its stakeholders, providing comprehensive updates on financial performance and strategic direction through its investor relations initiatives. Klarna provides insights into industry trends, company developments, and thought leadership initiatives.

The company generates revenue by partnering with various payment solution providers and retailers, including Macy’s, Etsy, and Sephora, to offer the e-commerce industry different POS (point-of-sale) payment options.

## Funding rounds

- Series H, Jun 10, 2021, $639M — Permira, Hong Shan, Silver Lake, Northzone, GIC, BlackRock, HMI Capital Management, Dragoneer Investment Group, Bestseller, Ant Group, Honeycomb Asset Management, Mundi Ventures, SB Investment Advisers, Adit Ventures, Commonwealth Bank of Australia, Westcap Management
- Series D, Mar 14, 2014, $125M — Institutional Venture Partners, Hong Shan, General Atlantic, Atomico, Tengelmann Ventures Management
- Series B, May 4, 2010, $9M — Hong Shan

## Investors

- Hong Shan — Series B, Series D, Series H
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series D
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series D
- Atomico (https://capitalatlas.ai/funds/atomico) — Series D
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series D
- Permira (https://capitalatlas.ai/funds/permira) — Series H
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series H
- Northzone (https://capitalatlas.ai/funds/northzone) — Series H
- GIC — Series H
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series H
- HMI Capital Management — Series H
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series H
- Bestseller — Series H
- Ant Group (https://capitalatlas.ai/funds/ant-group) — Series H
- Honeycomb Asset Management — Series H
- Mundi Ventures (https://capitalatlas.ai/funds/mundi-ventures) — Series H
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series H
- Adit Ventures (https://capitalatlas.ai/funds/adit-ventures) — Series H
- Commonwealth Bank of Australia — Series H
- Westcap Management (https://capitalatlas.ai/funds/westcap-management) — Series H