Swedish FinTech Klarna is opening a new tech hub in Berlin.
The hub will house 500 staff across product and engineering.
CEO Sebastian Siemiatkowski announced the news at TechCrunch Berlin this week.
He was asked by the publication if the company will go public, and replied “maybe”.
What does this mean?
Klarna has grown across Europe and the US, and is the most valuable private FinTech in Europe. While it might be mulling an IPO, the CEO also said Klarna won’t rule out further private funding rounds first.