Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPOKlarna, the Swedish fintech giant, commenced trading on the NYSE after a $1.37 billion IPO, signaling a resurgence in the U.S. IPO market. ...
Klarna set to price much-awaited US IPO in boost to fintech hopefulsKlarna, the Swedish buy-now, pay-later giant, is set to price its U.S. IPO, aiming to raise up to $1.27 billion. The IPO, priced between $3...
Klarna IPO: Swedish fintech giant Klarna’s US stock debut to raise $1.27B at $14B valuation as KLAR enters the buy now, pay later warKlarna IPO is making global headlines as the Swedish fintech giant prepares for its big US stock debut. Klarna is aiming to raise $1.27 bil...
US holiday spending on buy now, pay later to hit record due to debt-laden shoppersU.S. shoppers are projected to spend a record $18.5 billion using buy now, pay later services for holiday purchases in the last quarter of ...
Buy now, pay later services a big hit among US shoppers during Cyber MondayAccording to data from Adobe Analytics, shoppers are slated to spend between $12 billion and $12.4 billion online on Monday, with $782 mill...
Swedish payments major Klarna hits monthly profitability ahead of target as losses shrinkThe January-June operating loss at the privately held (BNPL) fintech, which last made a full-year profit in 2018, was 2.01 billion crowns (...
Britain sets out legislation to regulate buy-now-pay-later creditBNPL companies are largely unregulated and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods...
US consumer watchdog plans to regulate 'buy-now, pay-later' companiesThe watchdog, which does not currently oversee BNPL companies or products, will issue guidance or a rule to align sector standards with tho...
US BNPL consumer debt set to hit $15 bln by 2025 - studyHowever, the current uncertainty in macroeconomic outlook due to the geopolitical turmoil, rapidly rising interest rates and red-hot inflat...
U.S. BNPL consumer debt set to hit $15 bln by 2025 - studyValuations of some of the biggest players in the space tumbled this year after a stellar 2021. Shares in Affirm Holdings Inc have plunged o...
UK cost-of-living crisis prompts warning to 'buy now, pay later' lendersCompanies like Klarna led the way in offering on-the-spot, interest-free, short-term loans to customers which spread repayments for buying ...
Buy Now Pay Later business model faces test as rates riseBuy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 ...
Buy Now Pay Later business model faces test as rates riseBuy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 ...
Buy now, pay later stocks roiled by Apple's entryHe added Apple has a big competitive advantage over industry players as its Apple Pay service was used by 85% of U.S. merchants, compared w...
Europe’s fintech major Klarna seeks to raise $1 billion at lower valuation: reportThe BNPL player had become Europe’s most valuable fintech startup in June, last year.
India ahead of global fintech in having more women leaders, says Lizzie ChapmanBNPL will be big with more m-cap created in India than anywhere else, says ETSA winner
Apple's potential 'buy now, pay later' plan sends sector shares tumblingThe US tech giant will use Goldman Sachs, its partner since 2019 for the Apple Card credit card, as the lender for the loans, Bloomberg New...