The founder sold his previous startup to Klarna for €110 million and has now raised a €12 million seed round to launch a new company. It signals sustained investor confidence in experienced entrepreneurs and highlights the vigor of early‑stage financing in the EU fintech sector. Who is involved: The unnamed founder, Klarna (as the prior acquirer), and the undisclosed investors participating in the €12 million seed round.. Likely next: The founder will use the capital to develop and launch the new product, with potential follow‑on funding rounds depending on milestones.. The founder’s earlier exit to Klarna for €110 million marked a notable payoff in the European fintech landscape. By raising €12 million in fresh seed capital, he is attempting to replicate that success with a new venture. The move underscores the resilience of the EU startup ecosystem, where serial founders can recycle exits into fresh funding rounds. Investors appear willing to back proven entrepreneurs even as they explore new business ideas. Sectors affected: fintech
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