12 2014

Capital raising from


Atomico General Atlantic Sequoia Capital

Exclusive financial advisor to Klarna and its shareholders

Deal Team

Milan Bartik
Clemens Hisch

Transaction Summary

On 5 March 2014, Klarna AB and its shareholders (“Klarna”) closed its capital increase to fund the acquisition of Sofort AG (“Sofort”).

The capital increase was backed by Klarna’s founders, Atomico Investment Holdings, General Atlantic and Sequoia Capital, amongst others.

Overview of Klarna

Founded in 2005, Klarna is one of Europe’s leading providers of payment solutions for e-commerce.

Klarna separates buying from paying by allowing buyers to pay for ordered goods after receiving them, providing them with a safe after delivery payment solution. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money.

Klarna’s vision is to enable trust and to offer a frictionless buying experience to buyers and sellers across the world.

The company has 1,200 employees and serves over 50,000 merchants, processing over 250,000 transactions per day.

Corestar Partners’ Role

Corestar Partners acted as exclusive financial advisor to Klarna and its shareholders on its capital increase.

Corestar Partners has been in close dialogue with General Atlantic, one of Klarna’s key shareholders over the past years.