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KLARNA SHARES RISE
'Let me make this point, please...': Former Google CEO Eric Schmidt booed by University of Arizona students. Here's what he said on AIFormer Google CEO Eric Schmidt faced boos at the University of Arizona commencement for warning graduates about technology's 'mess'. He ack...- 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....
- AI layoffs no longer cheer markets as investors turn sceptical, says studyEarlier, layoff announcements often lifted share prices as investors anticipated cost savings and better margins. However, the study by Gol...
- 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...
- Klarna IPO: Wall Street’s biggest BNPL debut — Is KLAR stock a buy now as shares set to jump 25% at $18.9B valuation?Klarna’s Wall Street debut has turned heads, with the Swedish buy-now-pay-later giant valued at $18.9 billion after pricing its IPO at $40 ...
- 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...
- SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
- 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 ...
- 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 ...
- 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...
- 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...
- Robinhood posts 44% slump in revenue, slashes headcount by 23%The company posted a net loss of $295 million. Stripping out the restructuring charges, Robinhood reported a loss of 32 cents per share ver...
- Why India is no fan of buy now, pay later planThe RBI doesn’t have a problem with 90-second credit. The regulator was even willing to let nonbank finance companies, or NBFCs, retain the...
- 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...
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