Swedish payments firm Klarna is in talks with investors to raise more money and has no plans to go public this year, Chief Executive Sebastian Siemiatkowski said in an interview two days after the firm laid off 700 staff.
Klarna investors include Silver Lake, BlackRock, GIC, and Permira and was valued about $46bn it got in June last year.
The company made about 10% of its workforce redundant on Monday, citing rampant inflation and the war in Ukraine worsening business sentiment.
In the latest funding round Klarna will likely get a valuation of about $33 billion, lower than the valuation of about $46 billion it got in June, a source familiar with the matter said.
Read more: Euronews
