In July 2022, Mubadala participated in the USD 800 million funding round of Klarna.
Founded in 2005, the company has grown from a Swedish payments startup to the global leading payments network and shopping destination that accelerates commerce by offering fairer, more sustainable, innovative solutions. In 2022, the company processed USD 83 billion in volume providing payment solutions to 150 million active consumers across more than 500,000 merchants in 45 countries.
Its strategic positioning between shoppers and merchants gives the company unparalleled insight into consumer behaviour and spending patterns which has a dual benefit in terms of credit underwriting and serving as the backbone of their growing marketing platform.