Klarna, the AI powered global payments network and shopping assistant, announced Matthew Miller will join the boards of Klarna Holding AB and its subsidiary, Klarna Bank AB. Miller is “a long-standing Partner at Sequoia focused on early and growth stage investments in technology companies across the US and Europe.”According to Klarna, over the last 11 years at Sequoia, Miller has worked closely “with companies like Confluent, dbt Labs, Docker, Grafana, Graphcore, Hex and Tessian.”He also reportedly has “a deep knowledge of AI and machine learning, holding a number of board positions in AI-related companies including Graphcore, Tecton.ai, Tessian and Yokoy Group. Matt moved from California to London in 2021 to help launch Sequoia’s European office.”Sir Michael Moritz, who led Sequoia‘s original investment in Klarna in 2010, “will remain as an independent board member as well as Chairman, allowing Klarna to continue enjoying his stewardship.”Previously, Michael was “the Chairman of Sequoia and has decades of experience serving on the boards of some of the world’s leading internet and financial services companies, including Yahoo, Paypal, Google, Linkedin, Stripe and Instacart. Today, Michael is senior advisor to Sequoia Heritage.”Sebastian Siemiatkowski, CEO and Co-founder of Klarna said:“I am happy to welcome Matt to Klarna’s board. His long background at Sequoia, and in particular being a champion of opening an office on the ground in Europe playing into the support for European companies, is of great value to Klarna. In addition his extensive expertise in technology, and AI, will be invaluable to the company

credit: ShutterstockKlarna has announced that Sequoia Capital Partner Matt Miller will join the Boards of Klarna Holding AB and its subsidiary Klarna Bank AB. . Miller has been a Partner at Sequoia for more than 10 years where he worked with technology companies such as Confluent, Docker, Hex and Tessian, amongst others, on the early growth stages of investment. . The new Klarna Board Member also brings with him a “deep knowledge” of AI and machine learning – an area in which Klarna has been heavily focusing in recently – holding Board positions at AI firms like Graphcore and Tecton.ai.