Tag: Sebastian Siemiatkowski
Klarna plants its flag in retail banking with balance and cashback...
Swedish multinational fintech Klarna is making its mark in retail banking with an expansion of its product range.The company, which has built up a...
Klarna puts crosshairs on payments by offloading checkout business
Swedish fintech Klarna is streamlining its focus on payments by selling Klarna Checkout (KCO), its online shopping platform, to a consortium of investors led...
Klarna lauds ‘internal AI revolution’ with 85% of employees using Kiki...
Klarna has reiterated the significant contribution of generative Artificial Intelligence (GenAI) to its business, revealing that nine out of 10 of its employees use...
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...