

They wanted to do an IPO: http://www.investopedia.com/klarna-is-moving-toward-big-ipo-what-you-need-to-know-8748846
but they’ve been experiencing losses like this and have put the IPO on hold. With the losses getting worse, I have a feeling they won’t IPO anytime in the near future. Also, people failing to repay laxer loans like klarna means bad things for the market at large.
With sodium ion batteries becoming practical, I heard that this could actually become a side business for desalination plants to supply battery makers, but I don’t know how viable it is. Regardless, managing brine is still far less of an issue than fighting war over lack of water.