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You Searched For "Sebastian Siemiatkowski" and got 20 results


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3 mins read

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   


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2 mins read

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   


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Amazon's CEO says their AI tool has saved them a crazy amount of time

Amazon CEO Andy Jassy said the company's AI assistant, Amazon Q, has saved thousands of hours of so…

Jaures Yip   


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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   


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1 min read

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   


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1 min read

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   


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5 tech IPOs to watch for in 2024

While 2023 year was projected to be the return of the tech IPO, few startups went public. But keep …

Katherine Tangalakis-Lippert   


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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   


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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   


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4 mins read

Wall Street: BofA's audio leak

In today's 10 Things on Wall Street: BofA wants some investment bankers in five days a week, and tu…

Aaron Weinman   


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4 mins read

Here's how the CEO of $5.5 billion fintech startup Klarna adapted Amazon's two-pizza meeting theory to restructure and scale faster in the US

The company likened its approach to Amazon's famous "two pizza" working theory, where Amazon CEO Je…

Callum Burroughs,Callum Burro…   


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A $5.5 billion European fintech backed by Snoop Dogg is coming for Paypal. Here's its 1 huge disruptor advantage.

It's another jump in competitiveness in the payments space, and Klarna believes it has an edge over…

Callum Burroughs,Callum Burro…   


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Goldman execs take pay cut over 1MDB

The top finance stories for October 23, including the latest news on big contracts won by consultan…

Dan DeFrancesco   


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7 mins read

Shannen Balogh   


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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   


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4 mins read

The CEO of this Swedish payment business says Trump and Brexit could actually be good for business

"We see a lot of our merchants struggling to sell to other countries. A lot of the things that we p…

Oscar Williams-Grut   


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5 mins read

Mumbai, Bangalore and London Named among World's top Startup Hubs

London ranks highly for funding, talent, and connectedness in latest Global Startup Rankings by …

PTI   


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Fintech unicorn Klarna just signed a big deal with Sir Philip Green's Topshop and Miss Selfridge

He says: "That's a number of things. There's first and foremost regulation that stipulates some asp…

Oscar Williams-Grut   


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European startups are being flooded with cash thanks to mega-rounds and US giants hovering for deals

"What's happened is change in belief about tech in Europe," said Tom Wehmeier, partner and head of …

Callum Burroughs,Callum Burro…   


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A $2.25 billion fintech startup almost used horoscopes for security

Siemiatkowski is coy about the proportion of transactions considered "high-risk" - but stresses tha…

Rob Price