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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 Nvidia’s blowout quarter

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Nvidia Stock Surges and the DOJ Comes After Live Nation | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Nvidia’s earnings as its sales forecast lives up to high expectations. Plus, the Department of Justice takes aim to break up Live Nation, and Tesla CEO Elon Musk speaks at the VivaTech conference in Paris. 00:00 – Bloomberg Technology begins 04:15 – JP Scandalios, Franklin Equity Group…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Nvidia’s earnings as its sales forecast lives up to high expectations. Plus, the Department of Justice takes aim to break up Live Nation, and Tesla CEO Elon Musk speaks at the VivaTech conference in Paris.

00:00 – Bloomberg Technology begins
04:15 – JP Scandalios, Franklin Equity Group Senior Vice President
19:55 – John Stankey, AT&T CEO
39:35 – Arjun Sethi, Tribe Capital co-founder
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Tribe Capital: 50x Future Growth Pattern for xAI, OpenAI

Arjun Sethi, co-founder of Tribe Capital and of the AI software platform Termina.ai, joins Ed Ludlow and Caroline Hyde to discuss the state of VC investing in generative AI and where he sees growth going for companies like xAI and OpenAI in the future. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to…

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Arjun Sethi, co-founder of Tribe Capital and of the AI software platform Termina.ai, joins Ed Ludlow and Caroline Hyde to discuss the state of VC investing in generative AI and where he sees growth going for companies like xAI and OpenAI in the future. He speaks on “Bloomberg Technology.”
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