Tag: klarna
Virgin Money launches new competition into the BNPL market
Virgin Money is entering the BNPL space announcing its new credit card, Virgin Money Slyce, aiming to allow customers to ‘buy now, pay better’.
Virgin...
Fintech market suffers $460bn loss in 2022
The fintech market has suffered a sharp decline since the turn of the year, as almost half a trillion dollars has been lost according...
Stripe suffers 28% valuation drop becoming latest fintech to stagger
Financial service giant Stripe is the latest fintech firm to suffer a significant valuation drop this year as the company reveals it has cut...
Zip eyes UK exit after more than a year in the...
Australian BNPL provider Zip is seeking an exit from the UK market just one year after it launched in the country.
Sky News revealed that...
Klarna CEO underlines ‘tremendous opportunity’ following funding round
Klarna CEO and Founder Sebastian Siemiatkowski has underlined that the firm’s latest funding round enables it to seize opportunities in some of the most...
Klarna closes a $800M investment fund to strengthen its valuation
BNPL fintech Klarna has announced the closing of a $800M investment fund that has elevated its valuation to $6.7bn.
With an eye on expanding the...
Klarna valuation falls 85% as investors grow wary of the BNPL...
Klarna’s valuation has suffered a dramatic fall in one year, from $46bn to $6.5bn, an 85% decrease as the BNPL sector begins to warn...
Klarna calls Barclaycard’s BNPL research ‘irresponsible’
The dispute between the BNPL sector and some of the leading UK banks intensified as Klarna criticised ‘irresponsible’ research published by Barclaycard.
The banking giant...
Klarna elevates engagement through new loyalty feature
Klarna has expanded the use of its app through the addition of a new loyalty card feature.
The app enables users to engage in-store and...
Klarna seeks new funding after tech stock hit
BNPL platform Klarna is seeking to raise more funds through investors in a move that would lower its valuation by a third, according to...
