Värde-Led Consortium Executes $1.7B SRT Deal with Klarna
A consortium led by Värde Partners has entered a $1.7 billion significant risk transfer (SRT) transaction with Klarna. The three-year agreement references more than $40 billion in euro-denominated lending and is designed to transfer credit risk away from Klarna, enabling the company to free up capital and support continued expansion.
Klarna, headquartered in Sweden, operates a global fintech platform offering buy-now-pay-later (BNPL), installment financing and consumer banking products, serving millions of customers across Europe and North America.
“We are proud to put our expertise in both consumer assets and SRT transactions to work as a trusted partner to Klarna,” said Missy Dolski. “This transaction demonstrates our commitment to partnering with leading financial institutions on innovative, structured capital solutions that support their growth.”
The deal highlights the expanding use of SRT transactions as a tool for managing risk and improving capital efficiency, particularly among fintech and specialty finance platforms with large consumer loan portfolios.
Through its asset-based finance strategy, Värde has deployed approximately $13 billion since 2008.