buy now pay later

Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push

Fintech /

Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the […]

Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push Read More »

Klarna’s revenue per employee soars to nearly $1M thanks to AI efficiency push

AI /

Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the

Klarna’s revenue per employee soars to nearly $1M thanks to AI efficiency push Read More »

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Fintech /

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO Read More »