- Klarna, the digital bank, has completed a Significant Risk Transfer (SRT) transaction. With over 118 million global active Klarna users and 3.4 million transactions per day,
- The deal covers $1.7 billion worth of Euro-denominated loans.
- This transaction aims to free up capital to support Klarna's continued growth.
- It is a three-year agreement with a consortium led by Värde Partners, marking Klarna's sixth and most efficient SRT to date.
- Klarna's CFO, Niclas Neglén, highlighted that these transactions maximise capital deployment, following a recent $2 billion US financing expansion facility. He said: "Our banking license is one of our biggest competitive advantages. This is our largest and most efficient SRT transaction to date. “These transactions allow us to maximise every unit of capital to support our continued momentum."
