Klarna
Klarna plugs ChatGPT into its platform for faster product recommendations
After installing the Klarna plugin from the ChatGPT plugin store, users can ask the ChatGPT chatbot product recommendation questions, even referencing budget.
How much progress is Klarna making toward profitability?
Klarna has had a publicly difficult few quarters. Now that we have its 2022 financial data, we can look more closely at how it performed amid all the noise.
Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022
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Klarna wins over the US
The U.S. is now Swedish payment giant Klarna’s biggest market by revenue, surpassing Germany, and that has CEO and co-founder Sebastian Siemiatkowski feeling proud. In an exclusive interview with Te
Is this the end of the BNPL boom?
As inflation and interest rates climbed, consumer-focused BNPL players have struggled with increased defaults amid less discretionary spending.
Being the steady hand in market uncertainty with Sebastian Siemiatkowski from Klarna
Welcome back to Found, where we get the stories behind the startups. In this week’s episode Darrell and Becca are joined by Sebastian Siemiatkowski, the co-founder and CEO of Klarna. Sebastian t
Protect me from what I want
Buy now, pay later is an alluring option for consumers. But with rising debt and inflation, perhaps the focus should be on companies that help protect borrowers from digging themselves into a hole.
Fintech unicorn valuations have fallen hard in 2022
While most fintech unicorns are still garnering impressive valuations, the sector's hype from last year has started to fade.
A ‘credible alternative to Google and Amazon’: Klarna brings its price comparison tool to Europe
Klarna is expanding into the competitive world of price comparisons, with the launch of a new tool that compares prices across thousands of retailers. The company quietly rolled out the price comparis
Klarna launches new creator features and shoppable video
As consumers turn to content creators to influence their online shopping habits, Klarna, the buy now, pay later platform, today launched a new Klarna Creator app for retailers and influencers to colla
With new cuts, Klarna joins the ranks of companies having to conduct more than one layoff
They say if you’re going to cut, cut deeply so you only have to do it once. Alas, a growing number of companies are realizing that despite layoffs earlier in the year, they need to cut back more
Klarna, Affirm show how expensive fintech growth can be
Why are Klarna and Affirm worth as much as they are, given that they are unprofitable, cash-consuming businesses seemingly unable to generate corporate net income off of consumer lending despite a pre
Klarna founder to launch new ‘Nobel Prize for Impact’
According to BCG global assets under management are around $100 trillion, but only $715 billion, or less than 1%, goes on what you might term “impact” companies or projects to tackle the w
Play now, pay later: Halliday bags $6M seed round led by a16z
Blockchain-based games have seen a surge in popularity, but playing them is getting expensive. Play-to-earn games like StepN require players to purchase an NFT before they can participate, while other
Will a weaker euro lead to greater US investment in European startups?
A strong dollar makes deals in Europe potentially cheaper for American investors and could make selling abroad more attractive to euro-denominated startups.
8 investors discuss fintech’s potential despite the market downturn
The fintech sector has had its ups and downs as of late. And yet, investors remain bullish on the potential value that these startups can bring worldwide.
You can now get startup shares on the cheap
Which is more reflective of the market today: H1 2022 numbers compared to their year-ago comps or the high-impact repricings seen by Instacart, Klarna and others?
Stripe’s new and lower internal valuation, explained
As one of the most richly valued startups in history, is Stripe's internal valuation cut as bearish as the big numbers might lead some to believe?
Mark-to-market to arrive at a realistic valuation and improve your fundraising odds
Tech companies that continue to hold on to their unrealistic 2021 valuations will find it very challenging to finance or sell the company and may risk running out of runway.
Once a key driver of global venture activity, fintech investment slows around the world
New Q2 2022 data from CB Insights and PitchBook lay bare fintech’s retreat.