Klarna

Klarna Looks to Cut Jobs, Slow Growth
Klarna Looks to Cut Jobs, Slow Growth
September 23, 2022  |  Personnel

Months after laying off 10% of its staff and seeing its valuation drop by 85%, buy now, pay later (BNPL) firm Klarna is looking at...

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UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
September 21, 2022  |  Buy Now Pay Later

With struggling with soaring inflation and a cost-of-living crisis that is gripping the nation, public sector workers in the U.K. are feeling the pinch. Latest...

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The European FinTechs Bucking the Layoffs Trend
The European FinTechs Bucking the Layoffs Trend
August 31, 2022  |  Fintech Investments

Around the world, the once unstoppable growth of tech companies has been called into question by successive waves of layoffs, with sectors whose strength is...

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Klarna Faces Growing Pains as Losses Increase
Klarna Faces Growing Pains as Losses Increase
August 31, 2022  |  Earnings

Expenses related to U.S. and international market expansion combined with the integration of new acquisitions and widening credit losses all added up to a messy...

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Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
August 26, 2022  |  Buy Now Pay Later

At this writing, shares of Affirm are down about 15%. In part that’s due to guidance that gross merchandise volumes will slow and that the...

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Today in the Connected Economy: Walmart Wraps EV Delivery Pilot
Today in the Connected Economy: Walmart Wraps EV Delivery Pilot
August 23, 2022  |  Connected Economy

Today in the connected economy, Walmart has concluded its pilot delivery program using vans from electric vehicle startup Canoo. Plus, BNPL firm Klarna is teaming...

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EMEA Daily: Latest Acquisitions Cement Huspy’s Position in UAE Mortgage Sector; Square Carves Out Piece of UK BNPL Space With Clearpay
EMEA Daily: Latest Acquisitions Cement Huspy’s Position in UAE Mortgage Sector; Square Carves Out Piece...
August 23, 2022  |  emea

Today in Europe, the Middle East and Africa (EMEA), Emirati PropTech company Huspy announced two new acquisitions and Square launched the ClearPay buy now, pay...

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Shoplazza, Klarna Team to Speed Merchant Globalization
Shoplazza, Klarna Team to Speed Merchant Globalization
August 23, 2022  |  Digital Payments

Software-as-a-Service (SaaS) platform Shoplazza has teamed with buy now, pay later (BNPL) company Klarna to offer new payment options to more than 360,000 Shoplazza merchants....

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Today in the Connected Economy: Adidas Seeks Do-Over With New CEO
Today in the Connected Economy: Adidas Seeks Do-Over With New CEO
August 22, 2022  |  Connected Economy

Today in the connected economy, Adidas looks for a new chief executive weeks after dialing its yearly outlook downward. Also, Walmart hopes to boost book...

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