Fintech Startup Klarna Is Valued at $10.65 Billion in New Funding

  • Snoop Dogg-backed firm raises $650 million from investors
  • Fintech startup has previously said it’s eyeing an IPO in U.S.
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Klarna AB, a Swedish payment provider for online shoppers, is still setting its sights on an initial public offering even after its latest funding round left it roughly twice as valuable as it was a year ago.

“Over time, with the amount of shareholders we have, it’s probably going to be the natural evolution,” Chief Executive Officer Sebastian Siemiatkowski, said in an interview on Tuesday.