Klarna Doubles Down on U.S. Expansion With Elliott Backing

Key Takeaways Klarna doubled its Elliott funding facility to $2B, extending it to support U.S. BNPL growth.The deal lets Klarna sell loans for liquidity, helping fund up to $17B in U.S. originations.Klarna's user base hit 118M, with 3.4M daily transactions and rapid merchant network expansion.Klarna Group plc (KLAR) recently made a strongmove to support its U.S. growth. Instead of raising equity or taking on traditional debt, the company expanded its partnership with Elliott Investment Management by doublin ...