Klarna’s IPO Strategy: Unpacking the Hidden Policy and Security Risks Behind €1.4B Santander and $26B Nelnet Deals
Is Klarna truly de-risking its balance sheet, or merely re-distributing its liabilities into less transparent corners of the financial system? This critical question underpins the recent strategic maneuvers by the global digital bank, including a €1.4 billion structured financing facility with Santander and a multi-year deal to transfer up to $26 billion in U.S. Buy…