A power converter configured to generate an output voltage at an output node of the power converter based on an input voltage received at an input node of the power converter is presented. In particular, the power converter may comprise a first switching element coupled between the input node and a first intermediate node. The converter also has an inductive element coupled between a second intermediate node and the output node, a second switching element with one port being coupled to the second intermediate node and a third switching element and a fourth switching element coupled in series between the output node and a reference node. The converter also has a flying capacitive element coupled between the first intermediate node and a third intermediate node between the third and fourth switching elements and a fifth switching element coupled between the first and second intermediate nodes.