klarna buy now pay later

Nov

What Klarna filing for an IPO says about BNPL

We remember when Swedish payments firm Klarna was valued at US$46 billion back in June 2021. Unsurprisingly, leading the charge in funding the company was SoftBank, which has a tendency to make losing bets on tech startups. At the time, investors were ecstatic about buy now, pay later (BNPL), which…

Jul

Asia Payments Research

Why are BNPL firms foraying into banking?

Australia’s Afterpay is making the jump from payments into banking as it seeks to develop new revenue streams amid intensifying competition in its core buy now, pay later (BNPL) business. Afterpay said on July 20 that it would launch its banking app, Afterpay Money, in October. The move into banking…

Sep

Fintech Research

What Klarna gets right that most neobanks don’t

Neobank unicorns have a fundamental problem: Their business model is shaky. They prioritize customer numbers rather than profitability. It’s like an e-commerce vendor focusing more on site traffic than sales. Sweden’s Klarna is one of the few exceptions. It has generally been profitable since its 2005 founding, although it lost…

Contact Info

klarna buy now pay later