Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s board is considering removing board member Mikael Walther, who is an eight-year member of the board and a confidante of...
Klarna is reportedly gauging investors’ interest in buying up the company’s existing shares on the secondary market. The Sweden-based FinTech is doing so as it prepares for a potential public listing in the United States, Bloomberg reported Tuesday (Aug. 6), citing an unnamed source. Reached...
Klarna CEO Sebastian Siemiatkowski said the Swedish FinTech company is considering an initial public offering (IPO) in the United States. It is “very likely” that Klarna will launch a stock market listing in the U.S., although no official dates have been confirmed, Siemiatkowski told BNN Bloomberg, per a Tuesday (Jan....
Swedish payments firm Klarna is facing a possible strike by employees in its home country. The Unionen and Swedish Engineering unions announced Thursday (Oct. 26) that the strike will commence on Nov. 7 if a collective bargaining accord is not reached. Negotiations have been underway since March, with both...
October 17, 2024
The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by other consumer credit products. It has launched a consultation on proposals to bring BNPL companies under the supervision of the Financial Conduct Authority (FCA) and apply the Consumer Credit Act, […]
August 27, 2024
Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s board is considering removing board...
August 06, 2024
Klarna is reportedly gauging investors’ interest in buying up the company’s existing shares on the secondary market. The Sweden-based FinTech is doing so as it prepares for a potential public...
January 23, 2024
Klarna CEO Sebastian Siemiatkowski said the Swedish FinTech company is considering an initial public offering (IPO) in the United States. It is “very likely” that Klarna will launch a stock market listing in...
