The logo of Swedish payment provider Klarna is shown on the display of a smartphone on April 22, 2020 in Berlin, Germany.
Thomas Trutschel | Photothek | Getty Images
LONDON — Klarna is close to finalizing a $1 billion funding round that would give the Swedish fintech company a valuation of $31 billion, two people familiar with the matter told CNBC.
The Stockholm-based firm is one of the world’s largest providers of “buy now, pay later” (BNPL) services, which allow shoppers to spread out the cost of their purchases over a period of interest-free installments.
The company is raising a bumper round ahead of a potential blockbuster stock market listing that would be a boon to some of its…