Nordic Secondary Fund has completed its first investment by acquiring a stake in Klarna, a leading e-commerce payment solutions platform in Europe.

Target Information

Klarna is a prominent player in the e-commerce payment solutions sector, currently recognized as one of Europe's largest banks. The company operates with a user base of 85 million consumers and partners with 200,000 merchants across 17 countries. Klarna's diverse offerings include direct payment options, pay-after-delivery services, and flexible installment plans. This suite of services is designed to provide customers with a seamless one-click purchasing experience, allowing them to pay at their convenience.

Industry Overview in Europe

The e-commerce payment solutions industry in Europe has seen significant growth in recent years, driven by the increasing adoption of online shopping and digital transactions. As consumer preferences shift towards more flexible payment methods, businesses have been compelled to integrate advanced payment solutions to enhance customer experiences. Europe’s high internet penetration rates and smartphone usage further contribute to the expansion of this industry.

In addition to changing consumer behavior, the regulatory landscape in Europe has evolved, encouraging innovation in payment solutions while ensuring consumer protection and data securi