Chrysalis Investments increased the value of its stake in Klarna, reportedly giving the buy now, pay later (BNPL) provider an implied valuation of around $14.6 billion. The shareholder boosted the value of its stake from 100.3 million pounds (about $130.1 million) in the second quarter...
Marqeta has unveiled a new solution that delivers buy now, pay later (BNPL) payment options inside payment apps and digital wallets. The new Marqeta Flex is being developed with payment providers Klarna and Affirm and payments platform Branch, Marqeta said in a Monday (Oct. 28)...
The U.K.’s gift card market is valued at £7 billion and expected to reach nearly £9 billion in 2025, according to the Gift Card & Voucher Association. Looking to get a piece of that market, Swedish FinTech company Klarna launched a Gift Card Store in...
The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by other consumer credit products. It has launched a consultation on proposals to bring BNPL companies under the supervision of the...
August 19, 2024
For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps, will give banks a run for their money (literally). The company said in a blog post on Thursday (Aug. 15) that it would debut personal accounts for its users, and, […]
July 31, 2024
Klarna argues for a bespoke regulatory framework, while AARP supports the rule, emphasizing the need for consumer protections as buy now, pay later (BNPL) usage grows among older Americans. Time...
June 28, 2024
As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin. By the Numbers On Wednesday...
June 06, 2024
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from abroad, and with an incrementally...
October 31, 2024
Swedish FinTech Klarna has launched a payments partnership with video communications platform Zoom. The collaboration, announced by the buy now, pay later (BNPL) firm Thursday (Oct. 31), is designed to give consumers greater access to Zoom’s premium services. “We want Klarna at every checkout, available everywhere, for everything, all the time,” David Sykes, the company’s […]
October 28, 2024
Chrysalis Investments increased the value of its stake in Klarna, reportedly giving the buy now, pay later (BNPL) provider an implied valuation of around $14.6 billion. The shareholder boosted the...
October 28, 2024
Marqeta has unveiled a new solution that delivers buy now, pay later (BNPL) payment options inside payment apps and digital wallets. The new Marqeta Flex is being developed with payment...
October 24, 2024
The U.K.’s gift card market is valued at £7 billion and expected to reach nearly £9 billion in 2025, according to the Gift Card & Voucher Association. Looking to get...
