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Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…
Lian Kit Wee
Klarna, the buy-now, pay-later firm, is looking to make a Robinhood-like product for trading stocks, an internal job ad shows
Klarna is recruiting four people to work on a product for customers to buy and sell stocks on its a…
Jyoti Mann
Klarna CEO explains why it's important to give younger employees a shot at management and promote from within
Klarna CEO Sebastian Siemiatkowski explained why he chose to give younger employees a shot at manag…
Jaures Yip
Klarna CEO faces backlash for saying AI let marketing team 'half the size it was last year' do more work, saving millions
Klarna's CEO seemingly touched a nerve on social media by saying AI meant "spending less on photogr…
Sarah Jackson
Klarna says its AI assistant is doing the work of 700 people after putting the brakes on hiring
Swedish fintech said its OpenAI-powered assistant was on par with human agents when it came to cust…
Beatrice Nolan
Klarna is freezing hiring and turning to AI tools such as ChatGPT to pick up the slack
Klarna CEO Sebastian Siemiatkowski has said the Swedish fintech is no longer hiring new staff beyon…
Beatrice Nolan
Fintech giant Stripe cuts internal valuation by 28%: Report
According to a report in The Wall Street Journal citing sources, payments giant Stripe, last valued…
Apple's buy-now-pay-later rival to AfterPay. A lawyer who helps victims of predatory lending says Apple could use the data it has on you to push reckless spending.
A lawyer who represents victims of predatory lending said Apple's entrance into Buy Now, Pay Later …
Rosie Bradbury
Apple Pay Later doesn't worry us, says CEO of buy now, pay later unicorn Affirm
Affirm's Max Levchin told Bloomberg TV that Apple was focused on a six-week product, unlike its pay…
Rosie Bradbury
Klarna's CEO used a pre-recorded video message to tell employees around 700 of them were being laid off
The Swedish fintech, which is backed by Softbank, has seen its valuation slump from $45.6 billion t…
Rosie Bradbury
Why the government is raising an eyebrow at Gen Z's favorite new way to spend: 'Buy now, pay later'
"We've been flooding the market with all this credit and no one's been keeping track of what's been…
Ben Winck
PayPal CEO says spending via its buy-now-pay-later service soared 400% on Black Friday, as inflation bites and shoppers feel the pinch
PayPal CEO Dan Schulman told CNBC that its BNPL service, Pay in 4, was the star of the show on Blac…
Mary Hanbury
Amazon will let you buy stuff now and pay for it later through a new partnership with Affirm
The companies are testing out their partnership with select customers now, with a wide-scale rollou…
Francis Agustin
Buy-now-pay-later startup Klarna is booming so fast that it outgrew its New York office before it had a chance to move in
In an interview with Quartz, Klarna's CEO and co-founder Sebastian Siemiatkowski discussed plans fo…
Mary Hanbury
Roku is planning a big advertising push
Insider's top advertising and media stories for April 9.
Lauren Johnson
Buy now, pay later loans like Affirm and Klarna will soon count toward your credit score
If you don't make regular payments on Afterpay or PayPal loans, your credit score from firms like T…
Jason Lalljee
'Buy now, pay later' giant Klarna has tripled its valuation to $31 billion, making it Europe's most valuable private startup
Klarna raised $1 billion at a valuation of $31 billion. The fundraising round included both existin…
Kate Duffy,Reuters
Macy's joins Snoop Dogg and H&M as investors in Klarna and launches five-year payments partnership
BlackRock, Silver Lake, and Ant Group make up some of Klarna's other investors. The company's app c…
Grace Dean
Swedish 'buy now, pay later' fintech giant Klarna reports sevenfold jump in losses
Swedish fintech Klarna recorded a loss of $60.6 million in the first half of 2020, despite rising i…
Grace Dean
I shopped using 'buy now, pay later,' and it's easy to see why services like Afterpay, Klarna, and Affirm are taking over the retail world
It feels empowering to be able to shop in a new way, but I also now feel locked into yet another fi…