Klarna

Norrsken Foundation’s hub opens in Rwanda, to house 1,000 entrepreneurs by next year

In 2019, Swedish coworking space and investment fund Norrsken Foundation announced the launch of its first entrepreneurship hub outside the Scandinavian nation in Rwanda. The center, located in Kigali

American Express taps Opy for its first US third-party BNPL offering

Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Aus

Afterpay unveils BNPL subscription offering for US customers

The service will launch in both the U.S. and Australia beginning early in 2022 and will be free for customers who pay on time.

Klarna offers ‘Pay Now’ option in US, Klarna Card coming soon

Klarna has doubled its customer base in the United States to over 21 million customers. 

AllTrails raises $150M after COVID accelerates people’s interest in exploring the outdoors

Following a COVID-driven boost, the popular AllTrails resource for hikers, bikers, climbers and anyone else who enjoys the outdoors, announced today it’s raised $150 million from the growth fund

Lessons we learned from the last week of fintech earnings

Let’s examine a series of winning fintech results from BNPL, consumer finance, proptech and corporate finance before turning to fintech's earnings misses from Q3 2021.

Balancing risk: Modern architecture’s role in the BNPL playbook

Buy now, pay later (BNPL) is an old form of payment that is new again in a big way. And that could mean trouble for BNPL fintechs that are just getting to know the world of lending.

Credit card and payments companies compete for a slice of the growing BNPL market

A year ago, the biggest players in the BNPL space were companies founded solely to offer consumers the ability to pay in installments at the point of sale. But the landscape looks very different now.

Attest raises $60M to expand its no-code approach to research surveys as a service, which taps 110M consumers in 49 countries

Surveys have long been used by marketing teams and other business decision-makers to learn how customers tick. But they can be costly to put together, hard to run at scale, and, at the end of the day,

Klarna jets into travel with Inspirock acquisition

Though it might seem strange for a company like Klarna to get into travel, CMO David Sandstrom says travel is a pain point Klarna wants to solve for its consumers. 

Mission-driven ventures are growing fast during the pandemic

You’ve heard of SPACs, meme stocks and buy now, pay later, but have you heard of the LTSE, First Women's Bank and Upsolve?

Indications of a hot market abound as Freshworks, Toast price IPOs

Toast and Freshworks both raised their IPO ranges and priced above the raised interval. If you are looking for an indication that it's a good time to go public, this is it.

Extra Crunch roundup: DTC strategy, IPO analysis, Zoom’s future product plans

TechCrunch Disrupt 2021 is underway! Tickets are still available for the three-day virtual event, which encompasses everything from Ryan Reynolds' lessons on "fast-vertising" to Startup Battlefield.

Really, this market isn’t good enough?

Klarna's CEO says he's 'nervous' to take the company public. But the public market for BNPL companies actually feels pretty strong at the moment.

Extra Crunch roundup: BNPL bonanza, scraping Toast’s S-1/A, early-stage SaaS pricing

Are founders in fundraising mode short-sighted when it comes to working with Chinese venture funds? Runa Capital’s Asia business development manager Denis Kalinin studied data from iTjuzi, a dat

Here’s what your BNPL startup could be worth

What would you pay for $1 of BNPL GMV?

Zip acquisition of Payflex means Africa is ripe for BNPL disruption

Australian buy now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype aro

xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and Meritech

Enterprise Resource Planning systems have traditionally been the preserve of larger companies, but in recent years the amount of data small to medium-sized businesses can generate has increased to the

What Square’s acquisition of Afterpay means for startups

The main takeaways? "Buy now, pay later" may be effective at driving retail conversion, but scale matters and long-term margins look slim for BNPL startups.

The next generation of global payments: Afterpay + Square

Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.
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