March 9, 2020 - Assignment

Ant Financial, the payment affiliate of Alibaba Group, invests in Klarna

Ant Financial Services Group, owner and operator of the world's leading payments and lifestyle platform Alipay, has taken a minority stake in Klarna. The investment is part of the two companies deepening their partnership to bring more innovative and convenient financial services to consumers worldwide.

Klarna was advised by Mannheimer Swartling.