Tag: Klarna
Nordic FinTech investment doubled in 2021 to $3.2bn
FinTech deal activity in the Nordics last year set a new record surpassing 2018’s high of 127 transactions. Funding has grown by a compound...
Klarna Australia reports disastrous losses
Buy now, pay later (BNPL) provider Klarna Australia has reportedly haemorrhaged $56m in losses last year.
Beleaguered BNPL Klarna sees net losses soar
Buy now pay later (BNPL) firm Klarna has seen its net losses almost quadruple after it has been beset by a raft of challenges including high credit losses.
Klarna launches new purchase history dashboard for UK customers
Swedish buy now, pay later giant Klarna has launched a new feature for UK consumers that will let them see their full online purchase history, regardless of whether they are purchased using Klarna.
Klarna stars as the largest FinTech deal in July 2022
• Klarna, a buy now pay later (BNPL) platform, was the largest FinTech deal in July 2022 raising $800m in its latest venture round...
Klarna blames worst market in 50 years for 85% drop in...
Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.
Klarna rival Zilch extends Series C to support growth in the...
UK-based buy now, pay later (BNPL) unicorn Zilch has raked in an additional $50m for its Series C round, bringing the round’s total to $160m.
Swedish BNPL giant Klarna faces colossal downround to $15bn valuation
Swedish buy now pay later (BNPL) unicorn Klarna is reportedly facing a hefty downround, which would put its valuation at a third of its previous.
Klarna could face $30bn down round
European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.
FinTech investment in the Nordics projected to decrease 25% in 2022...
Nordic FinTech deal activity in Q1 2022 indicates another strong year for the region with total deal activity expected to rise 7%. Overall...