Klarna

Klarna sets up UK holding company in move toward IPO

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“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top of its corporate structure, in a symbolic move that paves the path for an eventual listing. … Read more

Swedish fintech Klarna dodges a strike after reaching agreement with workers

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Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunch today. Klarna employees were planning to strike next week in the fintech’s home country of Sweden, as reported by tech.eu.  The dispute was reportedly over the lack of a Collective Bargaining Agreement (CBA) — a … Read more

Purchase now, pay later agency Klarna reduces losses by 67%, income up 21%

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Swedish purchase now, pay later agency Klarna decreased its losses by roughly 67% within the first half of 2023, as the corporate dramatically minimize prices in a bid towards profitability. The corporate reported general internet working earnings of 9.2 billion Swedish krona ($843.5 million), up 21% year-over-year. Failing to document a half-year revenue, the agency … Read more