As Sebastian Siemiatkowski prepared for an initial public offering of the Swedish “buy now, pay later” fintech he had founded almost two decades earlier, one thing stood in the Klarna chief executive’s way: his co-founder.
Last month Siemiatkowski finally resolved a year-long boardroom tussle, ousting the key board ally of the university friend he formed the company with, former chief financial officer Victor Jacobsson.
Then on Wednesday, with Wall Street fizzing in anticipation of a Donald Trump-era boom, Klarna revealed it had filed long-awaited IPO documents in the US.
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