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Buy Now, Pay Later Startup Klarna Valued at $45.6 Billion

Jun.11 — Klarna Bank AB co-founder and CEO Sebastian Siemiatkowski discusses the company’s latest funding round led by SoftBank Group, giving the Swedish fintech startup a valuation of $45.6 billion. He shares more details about the rapid growth of the ‘buy now, pay later’ trend in e-commerce and says Klarna has no plans to go…

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Jun.11 — Klarna Bank AB co-founder and CEO Sebastian Siemiatkowski discusses the company’s latest funding round led by SoftBank Group, giving the Swedish fintech startup a valuation of $45.6 billion. He shares more details about the rapid growth of the ‘buy now, pay later’ trend in e-commerce and says Klarna has no plans to go public yet in the near future. Siemiatkowski also says he’s worried about the way cryptocurrency is being advertised and the financial risks for people who don’t truly understand the digital asset. He speaks with Emily Chang on “Bloomberg Technology.”

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7 Comments

7 Comments

  1. Tea News

    June 11, 2021 at 10:55 pm

    First

  2. Godwin David Akhamere

    June 11, 2021 at 10:57 pm

    Amazing

  3. mrPmj00

    June 11, 2021 at 11:15 pm

    __Stocks for the next 5 years: Amazon, Apple, Facebook, Microsoft, Netflix. Disney and Wells Fargo for the recovery………………….

  4. Jeff Whitney

    June 12, 2021 at 1:46 am

    People should never use debit cards. Regular Credit Cards provide you cash discounts and points to cash redeem. Debit cards offer you nothing. Very poor financial decision to use debit cards no matter what. Plus you don’t receive extended warranties and almost no way to challenge purchases. Debit cards are the sheeple into stupidity.

  5. Jeff Whitney

    June 12, 2021 at 1:53 am

    I actually received more points last year redeemed for services and cash back rewards from my CC then it cost me to have them. My debit card gave me back zero, nada, nothing. This guy is fooling you and I have to laugh, because he’s actually taking money from you. You’ve figured that out right!

    • James Bedford

      June 13, 2021 at 4:34 am

      Points are not a very big thing in Europe, compared to the US. They are limits on the amounts they can charge merchants, which limits points.

  6. 3k1ng

    June 12, 2021 at 4:18 am

    great, let’s encourage society to take on debt they DON’T NEED!

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Bloomberg Technology

Microsoft’s Big Bets on AI Start to Pay Off

Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…

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Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report.
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Anthropic Weighs Offering 15%-20% of IPO to Retail Investors

Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.”
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Investors Eye AI Payoff in Microsoft, Alphabet Earnings

Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…

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Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers will pay even more for a MacBook Pro with touch screens coming for the first time.

00;00;00;00 – Bloomberg Tech Begins
00:00:48 – Carmen Reinicke on MSFT & GOOGL Reports Today
00:03:00 – Mark Mahaney, Evercore ISI on Microsoft Earnings Today
00:10:00 – Ryan Gould on Anthropic picking JPMorgan for IPO
00:12:30 – Michael Shepard on Anthropic tension with Trump ahead of IPO
00:16:43 – Shawn Matthews, Host Digital Chairman on AI Buildout
00:23:10 – Ryan Vlastelica on Microsoft & Alphabet Earnings
00:25:57 – Peter Elstrom on SK Hynix profits surge seven-fold
00:29:40 – Rebecca Torrence on Physical Intelligence Valuation
00:32:35 – Bing Gordon, Kleiner Perkins Adviser on State of Video Game Industry
00:41:17 – Mark Gurman on Apple Touch-Screen Laptops
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