Tag: Klarna

Chat GPT and other LLMs are being rapidly adopted by FinTech...

According to forecasts from the business research company, the market for AI in FinTech would expand at a rate of 28.6% and reach $31.71...

Klarna continues strong growth in Canada 

Swedish BNPL giant Klarna has revealed that its service is now experiencing rapid growth across Canada. 

Klarna axes open banking brand Klarna Kosma after 18 months

Klarna has scrapped its own eponymous banking brand Klarna Kosma after just under 18 months of operation. 

Apron’s $5.5m financial boost: Revolutionising the way small businesses handle payments

Apron, a transformative payment platform targeting small businesses, is primed to revolutionise business payments.

Business planning innovator Pigment secures $88m

Pigment, an innovator in the field of business planning and analytics, recently announced its successful securing of $88m in a Series C funding round.

Klarna’s path to profitability: Stellar Q1 results and a new partnership...

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.

Venture capital giant QED Investors secures nearly $1bn for FinTech investments

QED Investors, a prominent global FinTech venture capital firm, has proudly announced its successful closure of two new funds with combined capital commitments totalling $925m.

Klarna reports $1bn annual loss

Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.

BNPL giant Klarna to launch late fees in UK

BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.

BNPL giant Klarna makes it big in the US

After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.

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