Swedish fintech firm Klarna opts for debt funding to finance growth

Sweden-based Klarna, one of Europe’s most valuable fintech firms, this morning announced that it had tapped debt markets for the first time in its history, issuing subordinated notes totalling 300 million Swedish crowns (roughly $32 million at current currency exchange rates). As Reuters reports, Klarna said the 10-year notes have a floating rate, and that […]

Dutch fintech startup InvoiceFinance secures €3.4 million in new round of funding

Dutch fintech startup InvoiceFinance has raised €3.4 million in funding from Peak Capital and fintech entrepreneur Kalo Bagijn. The startup provides an online marketplace for SMEs to have their outstanding invoices financed by professional and institutional investors, regardless of industry or the size of the company. “The money that is locked in outstanding invoices for […]