Swedish FinTech Klarna is aiming to raise $500 million as it looks to fuel the expansion of its growing digital payments and online shopping business in the U.S. market, a new repor <a href=https://www.stanleycups.pl>stanley termos</a> t states.The Stockholm-based company is currently in talks with investors. The new round of funding values Klarna at a hefty $10 billion, Reuters reports, citing three sources. That represents a near-doubling in the companys value, with Klarna previously weighing in at $5.5 billion in August of 2019.Founded in 2005, Klarna has previously stated that the U.S. is poised to become its largest market.Klarnas latest round of funding is on track to be the last bef <a href=https://www.cups-stanley-cups.us>stanley website</a> ore the FinTech files for an IPO, Reuters said, citing a source. The Swedish firm is gearing up to start speaking with investment bankers over the coming months about its plans for a public listing. Klarna has previously said it was planning on an IPO within the next two years.A spokesperson for Klarna declined to comment to <a href=https://www.cups-stanley.uk>stanley uk</a> Reuters.Klarna offers a buy now, pay later BNPL online shopping service through which consumers make purchases from retailers in Klarnas network without an upfront payment. Shoppers can spread their payments over four interest-free installments over two months, or can pay it all in a month.The Swedish firms lineup of investors includes Sequoia Capital, Bestseller, Dragoneer and Commonwealth Bank of Australia.Klarna has also been busy ramping up its operations in the United Kingdom. The company recently unveiled a redesigne Phnx Zillennial Grocery Choices Show Appetite for Digital Content
Smartphones and tablets during the first quarter of 2014 were u <a href=https://www.stanleycups.us>stanley usa</a> sed to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers websites being done with smartphones and tablets, a new research report shows.A year earlier, 20 percent of online sales were done with mobile devices, while in 2010 the penetration was jus 1 percent, according to the IMRG Capgemini Quarterly Benchmarking report.Visits to merchants websites using mobile devices are also up from 30 percent a year earlier and from 45 percent in last years fourth quarter, according to the report. The latest quarter <a href=https://www.cup-stanley-cup.pl>kubki stanley</a> ly benchmarking results highlight the increasing importance of mCommerce to online retailers in the UK, Tina Spooner, IMRG chief information officer, said in a statement. The widespread adoption of mobile devices is helping to drive growth in m-retail visits to a tipping point and, although growth in mCommerce itself is settling, this is unsu <a href=https://www.stanleycups.cz>stanley hrnek</a> rprising when we consider these results are coming off an increasingly higher base. For more on mobile trends, visit the PYMNTS Mobile Commerce Insider Series.What Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.