Klarna and Bolt announced a partnership Monday, which will see Klarna’s payment options integrated into Bolt’s checkout operating system. This deal means Klarna will show up as a buy now, pay later choice on Bolt devices. Merchants using Bolt can offer Klarna’s Pay in 4 or monthly financing options to shoppers in physical stores, and […]
Fintech Bolt progresses its turnaround by landing Klarna as a partner Read More »
“My wife taught me something,” Klarna CEO Sebastian Siemiatkowski told the crowd at London SXSW. He was addressing the headlines about the company looking to hire human workers after previously saying Klarna used artificial intelligence to do work that would equate to 700 workers. “Two things can be true at the same time,” he said.
Klarna CEO says company will use humans to offer VIP customer service Read More »
Welcome back to Week in Review! Tons of news from this week for you, including a hacking group that’s linked to the Spanish government; CEOs using AI avatars to deliver company earnings; Pocket shutting down — or is it?; and much more. Let’s get to it! More than 10 years in the making: Kaspersky first
Week in Review: Notorious hacking group tied to the Spanish government Read More »
CEOs are now so immersed in AI, they’re sending their avatars to address quarterly earnings calls instead of themselves, at least partially. After the Klarna CEO’s AI avatar appeared on an investor call earlier this week, Zoom CEO Eric Yuan followed suit, also using his avatar for initial comments. Yuan deployed his custom avatar via
After Klarna, Zoom’s CEO also uses an AI avatar on quarterly call Read More »
Sebastian Siemiatkowski is leaning all the way into the idea that his buy-now-pay-later, IPO-bound startup Klarna is an AI company. When Klarna delivered updated quarterly earnings on Monday, it was his AI avatar (pictured above) that presented the highlights, according to the company’s YouTube video. Other than AI Siemiatkowski’s admission, it wasn’t obvious that this
Klarna used an AI avatar of its CEO to deliver earnings, it said Read More »
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 »
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 »
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 »
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 »
Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 prospectus public. We are sifting through the document now. Klarna hopes to raise at least $1 billion at a $15 billion valuation with this IPO, Bloomberg reported last week. The public documents don’t yet reveal
Profitable Klarna files for a potentially blockbuster IPO Read More »
