Klarna to raise USD1.3b in New York IPO
Swedish BNPL firm Klarna is preparing a renewed New York float, seeking as much as USD1.27 billion at a valuation a source puts at USD12.5-14 billion, after earlier delays.
Company
Every investor coverage indicates participated in a round Citigroup raised.
Companies Citigroup acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Citigroup. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Swedish BNPL firm Klarna is preparing a renewed New York float, seeking as much as USD1.27 billion at a valuation a source puts at USD12.5-14 billion, after earlier delays.
Brandon BioCatalyst has named Peter Beattie its chair as Bill Ferris retires, with Andrew Nash joining the board and Ross King becoming deputy; manager Brandon Capital's newly raised $439 million fund was noted.
ETF Shares, a Macquarie University incubator fintech with ETFS Capital backing, launches three US-focused ETFs for Australian investors via Cboe Australia, led by David Tuckwell (CIO) and Cliff Man (CEO).
Future Generation launched Future Generation Women, a gender-lens fund seeded with $100 million from the Minderoo Foundation, with twelve women portfolio managers deciding investments pro bono; the trust is open to wholesale investors.
DigitalX announces a new chief executive, Wade, whose career spans Citigroup, Bendigo Bank and a recent digital innovation role at National Australia Bank, referring readers to an ASX announcement.