Tag: Sebastian Siemiatkowski
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...
Waiting list for Klarna Card opens to US consumers
US consumers can now register to receive a Klarna Card as Klarna opens its waitlist to stateside customers, the company announced on Thursday.
As a...
Klarna expands its app to Ireland
Payment platform Klarna has officially launched its app in Ireland to enable online shoppers to split their purchases into three interest-free equal payments.
In the...
Klarna valued at $31 billion after successful fund drive
Swedish ‘buy now, pay later’ (BNPL) firm Klarna has been valued at $31 billion after a $1 billion capital injection following a highly successful...
Under scrutiny, Klarna launches mobile banking app in Germany
Klarna has launched a new mobile banking app service in Germany, as the Swedish ‘Fintech unicorn’ seeks to diversify beyond its ‘buy now, pay...
Klarna makes Italian entry with ‘Pay in 3’ launch
Klarna has officially made its Italian entry with the introduction of ‘Pay in 3’, expanding the firm’s global footprint with it already serving over...
