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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

Bloomberg Technology 03/27/2024

“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Caroline Hyde in New York and Ed Ludlow from San Francisco.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Caroline Hyde in New York and Ed Ludlow from San Francisco.

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Bloomberg Technology

Databricks Doubles Down on AI Efforts to Take on Rivals

Databricks is launching its own large language model, DBRX, in an effort to help organizations understand and use their own private data to build their own AI systems. CEO and co-founder, Ali Ghodsi, says AI has driven more competition in the industry, including with it’s rival Snowflake. Ghodsi speaks with Ed Ludlow on “Bloomberg Technology.”

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Databricks is launching its own large language model, DBRX, in an effort to help organizations understand and use their own private data to build their own AI systems. CEO and co-founder, Ali Ghodsi, says AI has driven more competition in the industry, including with it’s rival Snowflake. Ghodsi speaks with Ed Ludlow on “Bloomberg Technology.”

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Bloomberg Technology

Operating Margins Driving Tech Earnings Recovery: Chisholm

Denise Chisholm, director of Quantitative Market Strategy at Fidelity Investments, discusses her outlook for the technology sector. She speaks with Ed Ludlow on “Bloomberg Technology.”

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Denise Chisholm, director of Quantitative Market Strategy at Fidelity Investments, discusses her outlook for the technology sector. She speaks with Ed Ludlow on “Bloomberg Technology.”

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