Klarna expands Fiserv partnership to enterprise merchants
The fintech extends its payment solutions to large-scale businesses following a successful launch across 100,000 U.S. locations via Clover.
See the latest news and media coverage for Klarna. We track all announcements, press releases, and industry mentions in real time, all in one place.
Consumer payments and personal finance platform
klarna.comLast updated
In short: Klarna posted strong Q2 revenue growth but trimmed its full-year outlook amid regulatory and leadership changes.
The fintech extends its payment solutions to large-scale businesses following a successful launch across 100,000 U.S. locations via Clover.
The executive acquired 692,506 ordinary stock units on August twenty-six through an affiliated entity, as documented in the SEC Form four.
Revenue hit $1.04 billion while adjusted operating income surged to $91 million due to improved transaction margins and increased consumer engagement.
Outgoing executives Niclas Neglén and David Sandström will remain through the change while searches for new leadership begin.
Klarna's stock rose on the New York exchange after rumors of a South American bid. However, the source warns that the information may be pure nonsense.
Revenue rose 27% year over year, and net income reached $9 million after a $53 million loss in the year-earlier quarter.
The Swedish fintech company Klarna's slump continues and the stock is now trading near its all-time low.
The Dutch digital payments processor has hired Niclas Neglen as its new chief financial officer, but he won't join until next year.
Track Klarna and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Klarna and other trending companies.