Tag: Klarna

FinTech companies in the region raised more than $2.6bn across 87 deals during the first nine months of the year

A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.

FinTech companies in the region raised nearly $2bn across 64 deals during the first half of the year

Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.

Buy-now-pay-later boom contributes to growth as companies in the area raise four out of the ten largest deals in H1

The co-founder of European VC Atomico Mattias Ljungman has launched Moonfire Ventures – a VC aimed at providing seed stage funding for FinTechs among others.

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.

Rakim Mayers, better known as A$AP Rocky, has become a shareholder in Sweden-based FinTech unicorn Klarna and assumed the role of company CEO for a day.

Swedish FinTech giant Klarna has suffered a ‘self-inflicted incident’ which has led to around 90,000 users being able to see other people’s accounts.