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Klarna’s ‘AI breakthrough’ driving profit for BNPL provider

Swedish fintech Klarna has outlined progress in its adoption of artificial intelligence (AI) tech following the adoption of an OpenAI-powered assistant. The Stockholm-headquartered company has...

Klarna emphasises AI adoption and US profitability in FY23 results

Klarna completed a ‘record-breaking year’ in 2023 as the Buy Now, Pay Later (BNLPL) firm revealed it became profitable for the first time in...

Adyen boosts commitment to merchant payments in new Klarna deal

Financial technology platform Adyen has strengthened its partnership with payments network provider Klarna and can now better serve its global retail partners. After offering Klarna’s...

Klarna avoids strikes ahead of lucrative float 

Klarna has reportedly avoided strike action for its workforce after much back and forth between the BNPL giant and unions in Sweden.  According to TechCrunch,...

Klarna strikes loom as union negotiations intensify 

Klarna’s battle against worker unions in Sweden has intensified as in the absence of a collective deal, the threat of strike action grows.  The BNPL...

Klarna eyes profitability as ChatGPT fuels ‘AI-powered approach’

As Klarna continues to embrace AI and specifically ChatGPT, the Swedish firm has revealed it is moving towards profitability after cutting net losses by...

Klarna urges banks to follow lead and implement a credit opt...

Klarna has urged credit card companies to provide consumers with an option to opt out of increasing their debt.  It follows Klarna revealing a new...

Klarna embracing AI as it moves beyond BNPL 

Speaking to Ian King Live on Sky News yesterday, Sebastian Siemiatkowski emphasised the opportunity to embrace AI as it evolves the consumer experience within...

Klarna accuses CNET of BNPL discrimination

Klarna CEO Sebastian Siemiatkowski has accused media outlets of bias against BNPL companies in favour of credit cards. In a tweet, Siemiatkowski described it as ...

Klarna enhances consumer efficiency with new comparison tool

Klarna has announced that it is upgrading the Klarna App with a price comparison tool that will be available for a variety of merchants.  Customers...

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