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KLARNA FUNDING
Klarna to launch dollar-backed stablecoin as race in digital payments heats upThe token, called KlarnaUSD, is currently in testing and will be available on the mainnet in 2026, will be fully backed by the US dollar th...- Klarna strikes $6.5 billion loan deal with Elliott funds to boost US pushThe agreement allows the Swedish fintech to sell a portion of its existing Fair Financing portfolio to Elliott funds and, from October, to ...
- 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. ...
- Swedish fintech Klarna raises IPO target to $1.37 billionKlarna 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...
- 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...
- Swedish fintech Klarna eyes $1.27 billion raise via long-awaited IPOKlarna and some of its investors plan to sell 34.3 million shares between $35 and $37 each via the IPO. Upon listing, Klarna will trade on ...
- Klarna trials debit card in US, plans Europe launch later this yearKlarna in April paused its plans for a US initial public offering for the second time in the last few years as president Donald Trump's swe...
- Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
- 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 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 (...
- Sequoia Capital partner Michael Moritz to exit firm after 38 yearsMoritz, 68, will now focus on Sequoia Heritage, a $15 billion wealth management fund that he helped launch in 2010. The fund will be indepe...
- Venture firm QED raises $925 million in funding for fintech investingThe firm, based in Alexandria, Virginia, said it has closed on $650 million for its early stage fund and $275 million for what it calls an ...
- VC fund EQT Ventures raises over €1 billion for tech startupsThe Swedish fund, which initially invested in Finnish start-up Wolt before it was bought by U.S. delivery firm DoorDash, said it planned on...
- 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...
- SoftBank India head Sumer Juneja gets larger role, to also oversee Europe, Middle EastSoftBank Vision Fund’s managing partner Sumer Juneja and India head has been given the additional responsibility of overseeing Europe, the ...
- Payments firm Stripe cuts internal valuation by 28% - WSJPayments firm Stripe told employees in an email that its internal share price was about $29, compared with $40 in the previous internal val...
- 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 ...
- 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.
- 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
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