Klarna hit by buy now, pay later backlash as it targets $15bn IPO
- Jacob Svensson
- Apr 1
- 1 min read
SV Ventures’ CEO Erik Arnetz was recently interviewed by the Financial Times in connection with Klarna’s anticipated IPO.
“Klarna has been on a transformation journey over the last several years, [which has consisted of] repositioning the business and having both investors and the market at large understand that its business model and ambitions go beyond BNPL,” said Arnetz.
SV Ventures has advised investors in Klarna since 2020. In the interview, Arnetz shared insights into the growing interest in the company’s long-term vision ahead of its public listing.
“This is really a fintech story more than it is a BNPL story.” – Erik Arnetz, CEO, SV Ventures