Swedish Fintech startup Klarna Bank AB is apparently considering a share listing in the U.S. market. According to a Bloomberg report, Klarna is likely to choose the U.S. market even as the U.K. authorities continue to scrutinize the buy-now-pay-later startups in the region. In the… Read More
Klarna, a point of sale financing platform, has posted its financial report for full year 2019. According to the numbers, top line revenue rose to SEK 7.1 billion versus year prior of SEK 5.5 billion. The increase in revenue was joined by a net income… Read More
Sweden-based Online payments company (and bank) Klarna reportedly became Europe’s highest valued Fintech in August 2019 with a market capitalization of around $5.5 billion. Klarna’s management stated on November 26 that it has onboarded 60,000 additional merchants worldwide in 2019, which represents an increase of… Read More
This trend is picking up speed. Fast growing Fintech firms are looking to receive regulatory approval to operate more like a bank. Klarna, a Sweden based payments platform, was granted a full banking license by the Finansinspektionen, (the Swedish Financial Supervisory Authority) last week. Klarna management… Read More
Klarna, one of Europe’s leading payment providers, has acquired Berlin-based BillPay thus expanding its reach in Europe. BillPay operates in Germany, Austria, and Switzerland. Klarna works with 65,000 merchants to offer payment solutions to more than 45 million users in Europe and North America. BillPay was… Read More
GoEuro.com, a European platform for planning and booking all rail, bus and air transportation, has announced the completion of its Series B funding round, which secured a total of $45 million. The round was led by Goldman Sachs, along with new investors including Atomico, Yuri… Read More
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