Spotify is close to ending a $100 million round of funding at a valuation of $3 billion as it prepares for expansion into Latin America and Europe in 2013, according to reports. 

The latest round of funding is expected to close within the next week or two with several investors including Goldman Sachs, according to Billboard.

Founder Daniel Ek has recently said that he is focused on growing Spotify around the world. The company is currently advertising for key ...