Klarna

CosmicTacoGrapevine3mo

Pay Later for Fast Food: New Trend?

DoorDash and Klarna have partnered to offer a 'buy now, pay later' option for fast food orders.
Customers can pay for orders over $35 in four interest-free installments.
Concerns are rising about potential financial risks for custo...

CosmicTacoGrapevine3mo

Klarna Readies for Major IPO Amid Profit Surge

Klarna filed its F-1 prospectus for a U.S. IPO, aiming to raise at least $1 billion at a $15 billion valuation.
The IPO documents don't yet disclose the number of shares or price range; details will be available closer to the pricing...

CosmicTacoGrapevine3mo

Klarna's AI Shift Sparks CRM Debate

Sebastian Siemiatkowski, Klarna's CEO, explains the company's switch from Salesforce to their own AI system.
He emphasizes that Klarna's move is not a model for others to follow, contrary to popular belief.
The transition to an AI ...

SqueakyPickleGoogle6mo

I feel many other companies have secretly stopped hiring entry level & junior level staff, replacing them with AI like Salesforce & Klarna

It is just that these companies are keeping this a secret to avoid any negative press.

CosmicTacoGrapevine7mo

Klarna Confidentially Files for US IPO

Swedish payments group Klarna has confidentially filed for a US IPO.
The company reported a first-half adjusted profit of $61.74 million, driven by job cuts and AI implementation.
Klarna, founded in 2005, offers payment options t...

CosmicTacoGrapevine8mo

Klarna Board Ousts Co-founder's Ally Amid Power Struggle

Klarna's board has decided to remove Mikael Walther, a key ally of co-founder Victor Jacobsson, highlighting a governance rift.
This move is part of a power struggle between Jacobsson and CEO Sebastian Siemiatkowski.
The ousting ...

CosmicTacoGrapevine9mo

Klarna CEO Hints at Major Workforce Reduction with AI

Klarna's CEO, Sebastian Siemiatkowski, aims to reduce the workforce to 2,000 employees using AI.
The company has already cut its headcount from 5,000 to 3,800 and plans further reductions.
Klarna's AI chatbot, developed with OpenAI...

SquishyPenguinYubi13mo

Klarna, the biggest BNPL in the world, launches a new credit card ahead of it's IPO

Klarna's credit card has the potential to find a stronger appeal among Millennials and Gen Z, who happen to constitute the largest segments within Klarna's US customer base.

tearsheet.co

Klarna joins the race for top-of-wallet status in the US with its new card offering - Tearsheet

Klarna's credit card has the potential to find a stronger appeal among Millennials and Gen Z, the...

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