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Klarna shares crashed 26% after $26 million Q4 loss — here’s what spooked buy now, pay later investorsKlarna shares crashed 26% after $26 million Q4 loss. One year ago, it earned $40 million profit. Revenue hit $1.08 billion — a record high....
Ecommerce firm Pattern valued at $2.4 billion as shares fall in Nasdaq debutPattern and some of its existing shareholders raised $300 million by selling 21.4 million shares, compared with its marketed price range of...
Klarna shares rise 15% in their first day of trading on Wall StreetSwedish buy now, pay later firm Klarna made a strong NYSE debut, with shares jumping nearly 15%. Opening at $52, a 30% premium, the stock c...
Swedish BNPL player Klarna raises 1.37 billion in largest IPO of US in 2025The Swedish buy-now-pay-later company Klarna made its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest ...
- Swedish fintech Klarna raises IPO target to $1.37 billion
Klarna said in a statement late Tuesday that the share price would be set at $40, valuing the company at over $15 billion. Last week the co...
Data center builder Fermi files for US IPO as new listings accelerateFermi in June announced plans to build the world's largest energy and data complex, powered by nuclear along with natural gas and solar, to...
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...
Klarna retreats from AI-only customer service push, resumes hiring amid quality concerns: ReportKlarna is scaling back its AI-led customer service model after admitting it reduced service quality. The fintech firm is rehiring support s...
Klarna IPO filing spurs hope of British fintech listingsStockholm-headquartered Klarna, best known for its buy-now pay-later products, publicly filed to float on the New York Stock Exchange earli...
Payments firm Klarna files for $1 billion IPO, targets $15 billion valuationKlarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billi...
Swedish payments group Klarna adds AI-driven photo feature to entice shoppersMany start-up companies like Klarna are adding AI to their product portfolio to boost valuations as they wait for their turn to hit the pub...
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 (...
SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...
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...
Vision Fund slide points to more pain for SoftBank's SonSoftBank has been reliant on its large and liquid stake in e-commerce firm Alibaba Group Holding Ltd for financing. The group has now raise...
Swedish fintech Klarna raises $800 million, valuation plunges 85%Klarna said the latest round of funding valued it at $6.7 billion, 85% less than a year earlier, as investor interest in fast-growing tech ...
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...
Visa to acquire Currencycloud at 700 million pounds valuationVisa has been a Currencycloud shareholder since 2020, and the financial consideration will be reduced by the equity that the card network c...
Klarna funding round makes it Europe's most valuable startup at $31 billionThe new round, which was oversubscribed four times and will make the "buy now pay later" firm the most valuable European startup
Truth behind virtual work parties: the good, the bad and the strangeCompanies are turning to events organisers to create virtual social events for staff.