Sebastian Siemiatkowski's loan from SEB of 112 million dollars (1.04 billion kronor) was used to buy out the American investor Wellington Management from K Friends Partners, according to information to TT.
The transaction does not change Siemiatkowski's influence in terms of votes in Klarna, but gives him full economic control over K Friends Partners, according to TT's source.
Ownership worth 9.3 billion
Newspaper DI Digital has also reported on the information.
Since the stock exchange listing, the value of Siemiatkowski's share of the shares in Klarna has increased by more than 65 million dollars (over 600 million kronor), the total value of the holding now amounts to over 1 billion dollars (9.3 billion kronor) despite the price drop of 6.7 percent on Thursday, according to Bloomberg.
A spokesperson for Klarna declines to comment on Bloomberg's information to the news agency.
The largest Klarna owners after the stock exchange listing are still the American venture capital company Sequoia Capital, with a voting power of 22 percent, according to documents submitted to the US financial supervisory authority SEC.
Number two is the Danish multi-billionaire Anders Holch Povlsen's holding company Heartland A/S, with 8.9 percent.
Lock-in agreement for six months ahead
Co-founder Victor Jacobsson is said to have 8.8 percent of the votes, according to the documents, while Siemiatkowski's share is 7.4 percent.
A so-called lock-in agreement prevents former Klarna owners from selling shares in Klarna for six months ahead. But for shares that have been distributed in a certain type of employee stock options to employees, this rule does not apply, reports the newspaper Business Insider with reference to an internal email.
