Tag: Sebastian Siemiatkowski
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...
Slowing of consumer spending leads to tripling of losses for Klarna
A period of turbulence continued for BNPL firm Klarna, as a significant slowing of consumer spending led to the firm’s losses increasing.
The report by...
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 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...
