MARKET VALUATION

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As of August 2019 , Klarna was the largest fintech in Europe , following a US $ 460mn round of funding . Clocking in at a valuation of $ 5.5bn , the company continues to grow exponentially , with the addition of 50,000 new customers each week , who choose to pay for items 30 days later , or divide the cost across three months with Klarna ’ s 1,500 retailers . One of Klarna ’ s most notable partners is ASOS , the onlineonly retailer that is reputed for its free delivery and returns , providing the financial services company with access to an additional 80 million active customers across 250 countries .

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