Investors recently learned that Klarna, Sweden’s buy-now-pay-later (BNPL) company, closed on another round of funding that valued the unicorn at nearly $50 billion, according to Reuters.
The BNPL firm has done a tremendous job of increasing its reach, which includes a rapid expansion into the U.S. market. The competition in the BNPL space is heating up, and Klarna faces stiff competition from competitors, new and old alike. With the company expected to go public soon, here’s what you should know.
…
