Klarna, the global digital bank and flexible payments provider, announced the execution of its inaugural warehouse financing facility with Santander as the sole lender.
„The facility provides a total funding capacity of up to EUR 1.4 billion and is backed by German receivables. It forms part of Klarna’s broader strategy to diversify funding sources and support continued growth.” – according to the press release.
“This is a key pillar of our growth strategy while at the same time enhancing the funding tools available to Klarna,” said Niclas Neglén – CFO at Klarna. “This transaction demonstrates strong institutional confidence in Klarna’s platform, product performance, and credit risk management.”
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
