After abandoning its IPO plans, fintech Klarna transforms its business model
Swedish fintech’s transition comes as pressure mounts on core ‘buy now, pay later’ business model
Kicking the tyres of buy-now-pay-later
‘Buy now, pay later’ group’s weaker results come as concerns rise about the financial health of US consumers
Trump’s tariffs have prompted businesses across the pond to question ties that have bound them to the US
Market for public listings had begun to show some signs of life but fallout from levies has forced groups to hold off
Swedish fintech brought ‘pay in four’ to everything from food to fashion but sceptics point to model’s vulnerabilities
Investors should not bank on life as a public company being frictionless
CoreWeave and Klarna among start-ups expected to publicly list their shares as soon as next month
New York listing of buy now, pay later group will test investor appetite for fintech sector
Valuation of up to $15bn would make it one of the biggest listings this year
Company deserves a better valuation than a bank but is not as attractive as payments specialists
Talks with banks about portfolio sale come ahead of highly anticipated New York IPO
A new poll says 51% of business leaders aim to redirect investment this year
Hope still wins out over experience as financial disrupters seek to ride the latest wave
Buy now, pay later specialist found to have broken anti-money laundering rules
Swedish buy now, pay later company boosted after signing partnerships with groups including Apple Pay
Until there is a single market in areas from services to capital markets, more companies will choose American exchanges
Swedish entrepreneur born to Polish immigrants seeks to list the ‘buy now, pay later’ fintech in New York
Swedish buy now, pay later pioneer submits documents for widely anticipated flotation
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolio
Shareholders have to approve Mikael Walther’s removal as the Swedish fintech prepares for possible IPO
There are still plenty of reasons to be cautious, however
Turmoil comes months after previous boardroom spat over chair Michael Moritz and ahead of long-awaited IPO
Chief executive of buy now, pay later group heralds benefits of the technology as it narrows quarterly loss
