Klarna's Journey from Humble Beginnings to $16 Billion Valuation
TL;DR Summary
Klarna, a Swedish fintech company co-founded by Sebastian Siemiatkowski, went public in 2025, achieving a $16 billion valuation. Siemiatkowski's journey from working at Burger King and living on food stamps to leading a billion-dollar company highlights his resilience and entrepreneurial spirit, shaped by diverse jobs and life challenges.
- Klarna’s cofounder worked at Burger King and lived on food stamps before starting the buy-now, pay-later firm. It’s now worth $16 billion after IPO Fortune
- Klarna stock opens for trading at $52, valuing BNPL leader at $18 billion Yahoo Finance
- Klarna raises $1.37 billion in US IPO, boosting fintech hopefuls Reuters
- Klarna’s Market Debut Shows Wall Street’s Renewed Appetite for I.P.O.s The New York Times
- Klarna Stock Falls After IPO. It Didn’t Pop Like Others—Why That’s a Good Thing. Barron's
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