Klarna

225 results about this entity

Period: 18 Dec 2013 - 01 May 2024

/payments

Klarna losses quadruple in Australia

Klarna's Australian arm racked up losses of $56 million last year, four times bigger than when it launched in the country in 2020, when it reported a $14 million loss.

/wholesale

Klarna's open banking unit boosts SME lending for Krea

Klarna Kosma, the open banking arm of BNPL giant Klarna, has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower interest rate, through a tie-up with Swedish digital lending platform Krea.

/payments

Klarna losses quadruple

Embattled BNPL giant Klarna saw its net losses nearly quadruple in the first half of 2022 on higher credit defaults, increased employee costs and investment in market expansion.

/payments

Klarna extends shopping app to track all online purchases

Klarna is extending its app to allow UK consumers to view their full online order history, regardless of whether they are purchased using Klarna, as part of its bid to become a general-purpose shopping companion.

/retail

Airbank chooses Klarna open banking platform

Klarna Kosma, Klarna's financial technology platform for banks, fintechs and innovative retailers, today announced its collaboration with Airbank, a digital financial management platform for businesses.

/retail

Keeping up with the changing world of unified commerce

Nitzan Tal, Head of In-Store Partnerships, Klarna, and Kai Lindstrom, Vice President, SOK Payment Services, Finland, speak at MPE 2022 together about the world of unified commerce, how shoppers' expectations have changed, the redesign of Point-of-Sale, and how we can expect the retail experiences to transform to meet digital-enabled customers’ expectations.

/payments

Klarna integrates with Blackhawk Network

Today, a new partnership between global branded payments provider, Blackhawk Network, and leading global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.

/payments

Klarna valuation slumps to $6.7 billion on $800 million funding round

Klarna's valuation has nosedived from $46 billion to just $6.7 billion after the buy now, pay later pioneer clinched an $800 million funding round.

/payments

Klarna valuation to drop from $46bn to $6.5bn in new funding round - WSJ

Klarna is closing in on a funding round that would see the BNPL giant's valuation slashed from $45.6 billion last year to just $6.5 billion, according to the Wall Street Journal.

/regulation

Klarna exec blasts 'mind-boggling' Barclays BNPL research

Tensions between the traditional banking sector and the increasingly popular buy now, pay later industry spilled over this week as Klarna hit back at Barclays' research on BNPL regulation, calling it "mind-boggling" and irresponsible".

/payments

Klarna adds loyalty card feature

Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its new Loyalty Card feature in the Klarna App.

/people

Freetrade to cut up to 15% of staff

During an internal "All Hands" meeting on Thursday the 9th of June, the challenger stockbroking app, Freetrade, announced that it would be implementing redundancies for up to 15% of its staff.

/payments

Klarna picks Marqeta to power new card

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced it is working with Klarna, a leading global retail bank, payments and shopping service, to power its new Klarna Card.

/people

Klarna CEO accused of being "tone deaf" after posting list of laid off employees

Klarna CEO Sebastian Siemiatkowski has posted a list of people recently offered severance by the company on LinkedIn, describing the document as a "goldmine" for recruiters.

/payments

Klarna hits 500,000 consumer milestone in Ireland

Six months on from its launch in Ireland, Klarna has reached the milestone of 500,000 total consumers for its buy now, pay later product.

/people

Klarna to lay off 10% of staff amid market downturn

Klarna is set to fire 10% of its employees amid a valuation crunch at the buy now, pay later giant.

/payments

Tech stock carnage hits Klarna valuation

Turmoil in tech stocks appears to be spilling over to the fintech market, with reports that BNPL giant Klarna is looking to raisee fresh funds at a 30% discount to its previously sky-high $46 billion valuation.

/payments

Klarna reaches dream milestone of 150 million active customers

To celebrate reaching 150 million active users, BNPL giant Klarna has launched 'Dream Deal Days', a three-day event offering consumers exclusive deals and product drops with some of the world’s biggest retail brands.

/payments

Klarna takes virtual shopping global

Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its Virtual Shopping offering, bringing the best of in-store to the online experience.

/people

Klarna rolls out hybrid work policy

BNPL giant Klarna is introducing a flexible working policy that lets employees pick between staying at home or going to the office.