News

August 21, 2025

Klarna strikes €1.4bn financing deal with Santander

Swedish fintech taps new funding stream ahead of possible New York IPO

Martin Coulter

2 min read

Swedish buy now, pay later (BNPL) giant Klarna has lined up its first-ever warehouse facility, securing as much as €1.4bn from Spanish banking giant Santander as it looks to broaden its funding base.

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Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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