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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

Breaking Down Earnings With Reddit, Lyft CEOs | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down earnings with the CEOs of Reddit and Lyft, and Shopify’s President. Plus, we hear from Alphabet CEO Sundar Pichai ahead of Google’s I/O developer conference. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down earnings with the CEOs of Reddit and Lyft, and Shopify’s President. Plus, we hear from Alphabet CEO Sundar Pichai ahead of Google’s I/O developer conference.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Shopify Shares Tumble on Profit Outlook, Continued Marketing Spend

Shopify shares tumbled after the Canadian digital commerce company pledged to continue investing in marketing even though doing so will pinch profits. Shopify President Harley Finkelstein joins Ed Ludlow and Caroline Hyde to discuss the company’s vision, and how it is not planning on any additional layoffs. He speaks on “Bloomberg Technology.” ——– Like this…

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Shopify shares tumbled after the Canadian digital commerce company pledged to continue investing in marketing even though doing so will pinch profits. Shopify President Harley Finkelstein joins Ed Ludlow and Caroline Hyde to discuss the company’s vision, and how it is not planning on any additional layoffs. He speaks on “Bloomberg Technology.”
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Lyft CEO Looks to Get Faster, More Partners

Lyft CEO David Risher says the ride sharing service is looking to pick up passengers faster. He also talks about the future of robotaxis and autonomous cars. First-quarter results beat expectations and the number of active riders grew to almost 22 million. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…

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Lyft CEO David Risher says the ride sharing service is looking to pick up passengers faster. He also talks about the future of robotaxis and autonomous cars. First-quarter results beat expectations and the number of active riders grew to almost 22 million. He speaks on “Bloomberg Technology.”
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