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FinTech

Klarna’s $46M Fine: Fintech Faces Probe as IPO Looms

Klarna slapped with fine by Sweden’s watchdog for money laundering compliance failures.
The fintech star is running damage control as it eyes an IPO amid regulatory scrutiny.
Investors question Klarna’s readiness to go public after this compliance scandal.

Friday, 13/12/2024 | 07:39 GMT by Louis Parks

Payments

Klarna Hooks Up with Adobe Commerce to Roll Out BNPL Services

Adobe partnered with Nuvei recently to streamline eCommerce payments through a unified API.
Earlier, Klarna sold checkout business for $520M, shifting focus from direct competition.

Tuesday, 02/07/2024 | 16:18 GMT by Tareq Sikder

FinTech

Klarna Sells Checkout Unit for $520M, to Focus on Payment Service Provider Partnerships

The deal reportedly involves equity and debt financing, with performance-based incentives and revenue-sharing agreements.
The sale aims to reduce conflicts of interest with key competitors in the payment service provider space, such as Stripe and Adyen.

Monday, 24/06/2024 | 18:11 GMT by Jared Kirui

Payments

Buy Now, Pay Later Gets Regulated, But Are Credit Cards the Right Benchmark?

Klarna chimes in.

Friday, 24/05/2024 | 15:00 GMT by Pedro Ferreira

Payments

Klarna and Nets Collaborate for Payment Options in Nordic E-commerce

Consumers gain access to flexible payment, including Buy Now, Pay Later, and instalments.
In the US, the Klarna Card simplifies shopping and payments through its integrated app.

Wednesday, 15/05/2024 | 15:21 GMT by Tareq Sikder

Payments

How AI is Reshaping the White Collar Workplace

Klarna is making waves.

Tuesday, 14/05/2024 | 15:00 GMT by Pedro Ferreira

Payments

Why Split Payments Are Poised to Disrupt the Credit Card Empire

Klarna's calculated conquest.

Tuesday, 23/04/2024 | 16:00 GMT by Pedro Ferreira

Payments

Klarna Card Shakes Up US Payments

Why the Klarna Card might be your new shopping BFF.

Thursday, 18/04/2024 | 15:00 GMT by Pedro Ferreira

Payments

Klarna's Wikipink Throws a Wrench into the Credit Card Machine

Transparency showdown or marketing maneuver?

Thursday, 04/04/2024 | 16:00 GMT by Pedro Ferreira

FinTech

Klarna Is in Talks with US Banks for IPO at $20 Billion Valuation

The fintech is reportedly aiming to go public in Q3 2024.
At its peak in 2021, it was valued at $45.6 billion, then plummeted to $6.7 billion.

Wednesday, 28/02/2024 | 07:49 GMT by Arnab Shome

FinTech

Klarna's New Feature 'Sign In with Klarna' Puts Data in Users' Hands

In 23 countries, Klarna's service addresses challenges from Apple and Google's cookie changes.
The service succeeded in Sweden, initially tested with platforms like Maitres and Tradera.

Wednesday, 14/02/2024 | 11:50 GMT by Tareq Sikder

FinTech

How Klarna's IPO Could Influence the Future of Payment Firms

On Klarna's move into subscription models.

Friday, 26/01/2024 | 18:27 GMT by Pedro Ferreira

FinTech

Swedish Fintech Klarna Eyes for an US IPO

The company recently turned its first quarterly profit.
The US is the company's largest market in terms of revenue.

Wednesday, 24/01/2024 | 07:50 GMT by Arnab Shome

FinTech

Adyen to Act as Acquiring Bank for Klarna, Starting 2024

Adyen will act as an acquiring bank for Klarna's consumer payment options.
The extended partnership is set to start in 2024.

Monday, 04/12/2023 | 18:14 GMT by Damian Chmiel

FinTech

Klarna’s Revenue Increases 21% to $1.85 Billion in 2022

The fintech company's GMV shot up 22% to $80.35 billion.
Klarna's global consumers reached 150 million in 2022.

Tuesday, 28/02/2023 | 15:42 GMT by Solomon Oladipupo

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