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Klarna sets collision course with Amazon in $1bn PriceRunner deal
Klarna has set itself on a collision course with Amazon, Google and Facebook by acquiring PriceRunner in a deal that…
Dutch fintech iBilly turns to Klarna Kosma for open banking
Dutch fintech start-up iBilly has selected Klarna Kosma, a unit of Klarna, to expand its business using open banking services. An artificial…
Visa to acquire strategic stake in Swedish fintech company Klarna
Visa has agreed to acquire a strategic stake in Swedish payments startup Klarna and form a strategic alliance to expand…
The competition will pay for this later: Klarna completes PriceRunner deal
Klarna muscles in on Google and Amazon's territory with completion of PriceRunner acquisition.
Klarna launches bank account service in Germany
Swedish payments firm Klarna has rolled out consumer bank accounts in Germany that will allow customers to shop and bank…
Did Klarna copy the idea of paying for something when you buy it?
Zilch’s CEO is accusing Klarna of copying a feature from the smaller buy-now-pay-later (BNPL) startup, despite the Swedish fintech company…
Commonwealth Bank raises stake in fintech firm Klarna
Commonwealth Bank of Australia (CBA) has increased its holding in Swedish payments firm Klarna to 5.5% through an additional investment…
Swedish bank Klarna looking to raise $1bn at valuation of $31bn
Swedish lender Klarna is reportedly to raise $1bn in the coming days at a valuation of nearly $31bn. The company…
Klarna launches new unit to strengthen open banking footprint
Swedish fintech Klarna has announced the launch of a new sub-brand and business unit to harness open banking capabilities. The new unit,…
Klarna CEO bullish despite tripling losses
The CEO of Klarna remains confident and takes a jab at rival Affirm as he reports that losses have tripled so far this year.
Swedish payments firm Klarna secures banking licence
Swedish e-commerce firm Klarna has received full banking licence from Finansinspektionen, the country’s financial supervisory authority. Klarna, which currently caters…
"I’m not a star like Elon Musk" says Klarna CEO, damping IPO rumours
The CEO of Klarna says he shouldn’t be compared to Tesla boss Elon Musk and encourages people to not hold…
Klarna challenges German incumbents with bank account launch
After applying for a banking licence from the Swedish regulator in 2017, Klarna has finally announced the launch of its…
Klarna to acquire UK’s Close Brothers Retail Finance
Klarna Bank has announced that it will acquire Close Brothers Retail Finance (CBRF) to strengthen its retail financing business in…
Klarna FY2022 losses rise by 40% to $1bn
BNPL provider Klarna has suffered $1bn in operating losses in FY2022, up 40% from a loss of $680m in the prior fiscal year.
UK Klarna boss: Our crosshairs are set on the real British banks
Klarna is gearing up to disrupt UK banking in a big way, the fintech giant’s British boss tells Verdict. The…
Klarna losses halve – ‘positioned for profitability by second half of year’
Klarna remains a sea of red but the BNPL outfit says that operating losses have improved by 78% from Q122 on an adjusted basis
Permira to buy stake in Swedish fintech firm Klarna
Investment firm Permira has agreed to acquire a stake in Swedish fintech firm Klarna from existing shareholders General Atlantic and…
Klarna puts money on B2B BNPL - but Billie CEO says acquisition never an option
Fintech wonks have been really excited of late about B2B solutions, especially ones offering buy-now-pay-later (BNPL) services to companies. So…
Klarna and Stellar Global partner on virtual shopping solution for e-commerce brands
Sweden-based Klarna has announced partnering with retail experience agency Stellar Global to deliver a new virtual shopping solution for brands