Klarna

Klarna and StubHub delay IPOs because of Trump tariff turmoil

Venture /

The tentative re-opening of the IPO window is already swinging towards being closed again. With the public stock markets in a freefall after President Trump announced sweeping tariffs, two of the tech industry’s highly anticipated IPOs are hitting pause, The Wall Street Journal reports: Klarna and StubHub. Both fintech Klarna and ticket marketplace StubHub released […]

Klarna and StubHub delay IPOs because of Trump tariff turmoil Read More »

Klarna nabs Walmart away from Affirm and boosts its IPO prospects

Fintech /

On the heels of its IPO filing, Swedish fintech giant Klarna announced on Monday that it will exclusively provide buy now, pay later loans for Walmart. The partnership with Walmart is one that rival Affirm had previously owned. Klarna will provide the loans to Walmart customers through OnePay, a fintech startup in which it owns

Klarna nabs Walmart away from Affirm and boosts its IPO prospects Read More »

Klarna CEO doubts that other companies will replace Salesforce with AI

Enterprise /

The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system.  But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I

Klarna CEO doubts that other companies will replace Salesforce with AI Read More »

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

Venture /

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year Read More »

Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions

AI /

Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s bullishness on AI, the company is not relying entirely on AI to replace human workers who leave, as open job listings — for more humans

Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions Read More »

Ben Horowitz’s tight ties with the Las Vegas Police Department — and why it matters

Fintech /

Over the last few years, Andreessen Horowitz co-founder and famed VC Ben Horowitz has donated at least $7.6 million to fund purchases by Las Vegas Metropolitan Police Department, including new drones from a16z-backed Skydio. Skydio is not the first of a16z’s portfolio companies to benefit from these donations, either. Today, on TechCrunch’s Equity podcast, hosts

Ben Horowitz’s tight ties with the Las Vegas Police Department — and why it matters Read More »

Affirm launches in the UK, as ‘buy now, pay later’ market faces regulatory overhaul

Fintech /

Buy now, pay later (BNPL) giant Affirm is launching in the U.K., its first market outside North America. Its long-anticipated arrival comes as U.K. lawmakers mull new rules to bring BNPL firms into line with other traditional consumer credit services, though such laws aren’t expected to come into effect until at least 2026 — long

Affirm launches in the UK, as ‘buy now, pay later’ market faces regulatory overhaul Read More »