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Klarna

Swedish Payments Unicorn Klarna Hits the U.S. to Take On Its American Rivals

If you live in the U.S., you might not be terribly familiar with Klarna, a 10-year-old Stockholm-based company that provides payment services for online storefronts in a somewhat unique way — by “separating the buying from the selling,” as company cofounder and CEO Sebastian Siemiatkowski explains it. Put simply, you visit a site powered by Klarna, input […]

Filed Under: Entrepreneurs, Fundraising Tagged With: Klarna, Sebastian Siemiatkowski

IVP’s Sandy Miller on Big Banks: They’re “Ideal” Competition

Later this year, the peer-to-peer student loan startup Social Finance (SoFi), will likely go public. If it does, the company – whose marketplace enables college alumni to provide student loans at better rates – will join a line of online lenders in the portfolio of Institutional Venture Partners with similar plans. (IVP’s other investments include […]

Filed Under: Morning Summary Tagged With: Indiegogo, Klarna, OnDeck, Opportune, Personal Capital, Prosper Marketplace, Sandy Miller, Social Finance

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