Klarna isn’t going public yet, but you can already get a piece of it 🍰; Build, launch and manage Web3 projects without writing any lines of code 🤯; NFT marketplace built on Solana? 🤔
Good Morning FinTech, December 15
Good morning Everyone,
And happy Wednesday! We’re in the middle of the week already - what a blast! To make it better, here are 3 really exciting FinTech stories you cannot ignore today:
Klarna isn’t going public yet, but you can already get a piece of it 🍰
The news 👀 An anonymous investor is reducing its stake in BNPL giant Klarna and offering the shares to small investors, according to The Times.
The offer is happening in the UK at a 5% discount to the $46 billion valuation that the Swedish “buy now, pay later” credit company achieved 6 months ago.
The offer 👉 Crowdcube, the online investment platform, has been taking expressions of interest from its 1.2M members for shares in Klarna, which is the most valuable privately-owned financial technology company in Europe.
The investment platform has been messaging its members telling them that it has “secured an exclusive, limited allocation” of Klarna stock from an unidentified private seller.
Overwhelmed 🤷♂️ Although Crowdcube didn’t specify how many shares it was selling and for whom, they did emphasize that the interest in Klarna shares has been overwhelming. Well, that’s understandable - who wouldn’t want a piece of the most valuable FinTech in Europe? 🤔