What the Fintech? | S.2 Episode 13 | The terror of technological debt
Vincent Kilcoyne, executive vice president at SmartStream, joins us on our What the Fintech? podcast.
Vincent Kilcoyne, executive vice president at SmartStream, joins us on our What the Fintech? podcast.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
The BNPL firm claims it is now valued at $45.6 billion.
Klarna boss Sebastian Siemiatkowski says: “It’s more likely that Klarna will list in the US.”
Top pick of news from the world of finance and tech in bitesize video format, twice a week.
Klarna CEO Sebastian Siemiatkowski: the glitch is “sad and frustrating”.
Featuring Klarna, Papaya Global, TaxBit, Beam Technologies, and Xendit.
There is plenty of room for experiments in BNPL, and many customer segments are yet to be addressed.
Klarna claims its round was oversubscribed four times over.
A report says Klarna is currently working on a half a billion new share issue.
Just 22% of the nation didn’t carry personal debt into 2021.
Blind allegiance has seen the BNPL sector explode in 2020.
The Information Commissioner’s Office (ICO) is investigating the claims.
It has doubled its value which was previously set at $5.5 billion just over a year ago.
Klarna is looking to raise half a billion from a mixture of new and old investors.
Profits have been slowly declining for the company.
Offerings range to terms of up to 48 months.
Klarna’s former VP of Engineering says he can’t wait to build “a mortgage bank for all”.
The new platform founded has been created by venture firm Blossom Capital.
Also this week, Wirecard teamed with Southeast Asian ride-sharing firm Grab.
Klarna is already embedded into Alibaba’s AliExpress.
The operational loss is down to its US expansion and its set up of a Berlin-based tech hub.
A product development hub will be launched in Milan.
CBA will own half of Klarna’s Australian and New Zealand business.
Swedish banking and payment firm puts AWS at the centre of new strategy.
Find out if European neobanks can tackle the challenging US market.
Some of this week’s news, in video format!
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
It’s now the most valuable EU fintech with a valuation of $5.5 billion.
The US will pay in four scheduled bi-weekly instalments to reflect the US salary schedule.
This week, Mastercard, Facebook and many more!
Bringing pay later to consumers in stores.
Apple’s new credit card, New York goes fintech, and more!
Single API is the gateway to 14 European markets.
New marketing campaign gets weird.
Fashion chain finds fintech to its liking.
Close Brothers Retail Finance comes with a loan book of £66m and 600 merchant clients.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Worldpay and online payments firm Klarna are joining forces. Worldpay clients in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the UK will be able to use Klarna’s invoice and credit-based payments.
Swedish fintech company Tink has signed with Nordic banks Nordea, Klarna and Nordnet. Integrating in 2018, the banks will use Tink’s payment technology and personal finance management (PFM) platform within their existing customer channels.