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Tag: Klarna

Klarna cuts more jobs just months after laying off 10% of global workforce

Swedish buy now, pay later (BNPL) giant Klarna is to embark on a second round of layoffs just four months after it shed 10%...

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Buy-now-pay-later firms switch from Gen Z shoppers to businesses

Fresh from their shake-up of Gen Z’s shopping habits, buy-now-pay-later firms are now targeting business payments as the next sector ripe for disruption. Startups...

The 7 Largest Global Startup Funding Rounds of July 2022

Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for July 2022. I have included...

Fintechs look to staff cuts amid inflation, market volatility

Varo Bank is joining other fintechs struggling in a worsening economic environment. The charter bank announced last week that it recently laid off 75...

Klarna Integrates with Blackhawk Network Bringing Buy Now, Pay Later to Grocery Stores and Beauty Salons

Blackhawk Network and Klarna have teamed up to bring Klarna’s alternative payment solutions to customers shopping with physical merchants.The partnership comes as consumers show...

Klarna lands $800m funding as valuation cut to $6.7bn from $45.6bn last year

Buy now, pay later (BNPL) firm Klarna has raised $800 million in a new financing round at a $6.7 billion valuation. Klarna raises $800m at...

HM Treasury announces regulations for BNPL

Last month the UK announced new regulations for the Buy-Now Pay-Later (BNPL) sector to “protect millions of people.” The move is in response to...
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Klarna valuation tanks as gloss goes off BNPL market

I don’t want to be the guy who says “I told you so”, but…For those of you who have been regular readers you will...

Top 10 Fintech News Stories for the Week Ending June 18, 2022

The news this week was dominated by the crypto crash. There was bad news on many fronts with layoffs, problems at Celsius, and a...

Klarna Partners with Marqeta to Launch its New Card

Marqeta announced a collaboration with fellow Finovate alum Klarna to power the company’s new payment card.The new card will enable Klarna customers to use...

News Fix: Startups Face a Souring Economy, SpaceX Skyrockets to $125 Billion

In the wake of yet another mass shooting, many Americans are outraged and terrified. While lawmakers continue to argue over gun control legislation, the...

FinTech Futures: Top five stories of the week – 27 May 2022

Here’s our pick of five of the top news stories from the world of finance and tech this week. BNPL giant Klarna to cut 10%...

Klarna to report credit scores starting in June

Buy now, pay later (BNPL) giant Klarna will start reporting data on customers’ usage of its products to credit bureaus in the UK. It will...
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