Baker & McKenzie LLP

06/24/2024 | Press release | Distributed by Public on 06/24/2024 10:00

Baker McKenzie legal advisor to the buyer of Klarna Checkout from Klarna

The owners of the company acquiring Klarna Checkout is led by Kamjar Hajabdolahi and includes Systematic Growth, founded by Ashkan Pouya, and serial entrepreneur Martin Randel, who together focus on investing in and developing innovative Swedish companies.

Klarna Checkout is a digital checkout solution for e-commerce. Launched in 2012, it is the market leader in the Nordics with over 40 percent market share in Sweden and over 20 percent in the Nordics. By divesting Klarna Checkout, Klarna can concentrate on offering world-class flexible payment methods, while Klarna Checkout continues to grow and improve under new, dedicated management.

Baker McKenzie acted as legal advisor with an international core team consisting of Carl Svernlöv, Albin Stålberg, Melinda Roos and Marta Janiak in Stockholm as well as James Heller and Anthony Pisarski in London.