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Klarna Shifts Game Plan to Profits Over Growth

Klarna Shifts Game Plan to Profits Over Growth
Klarna Shifts Game Plan to Profits Over Growth
May 26, 2022  |  BNPL

Buy now pay later (BNPL) pioneer and digital bank Klarna is shifting its focus from growth to short-term profits after net losses in 2021 hit...

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Today in B2B: Yapily, Two Team on BNPL for SMBs; Verto Offers Multi-Currency Global Accounts
Today in B2B: Yapily, Two Team on BNPL for SMBs; Verto Offers Multi-Currency Global Accounts
May 25, 2022  |  B2B Payments

Today in B2B payments, Yapily and Two team up to help small- to medium-sized businesses (SMBs) with their cash flow, while Verto offers multi-currency global...

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Open Banking Firm Yapily, B2B FinTech Two Partner on BNPL for SMBs
Open Banking Firm Yapily, B2B FinTech Two Partner on BNPL for SMBs
May 25, 2022  |  B2B Payments

London open banking application programming interface (API) startup Yapily is working with B2B buy now, pay later (BNPL) FinTech Two to help small- to medium-sized...

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BNPL Platform Scalapay Teams With FinTech Twig on Sustainable Shopping
BNPL Platform Scalapay Teams With FinTech Twig on Sustainable Shopping
May 25, 2022  |  Partnerships

Buy now, pay later (BNPL) startup Scalapay and FinTech Twig, both based in Europe, have teamed up to allow customers to resell products they bought...

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Today in B2B: Splitit Broadens BNPL Partnership with BlueSnap; Customization Will Fuel Online Marketplaces
Today in B2B: Splitit Broadens BNPL Partnership with BlueSnap; Customization Will Fuel Online Marketplaces
May 24, 2022  |  B2B Payments

Today in B2B payments, almost two-thirds of B2B companies offer fully digital eCommerce, while virtual cards help with financial inclusion and expense management. Plus, Finexio...

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BNPL Firm Splitit Expands Partnership With B2B Payments Platform BlueSnap
BNPL Firm Splitit Expands Partnership With B2B Payments Platform BlueSnap
May 24, 2022  |  Partnerships

Buy now, pay later (BNPL) firm Splitit has announced it is expanding its partnership with payment orchestration platform BlueSnap, according to a Tuesday (May 24)...

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Klarna to Cut About 700 Jobs Due to Inflation, War
Klarna to Cut About 700 Jobs Due to Inflation, War
May 23, 2022  |  Economy

Swedish buy now, pay later (BNPL) FinTech Klarna will lay off about 10% of its staff due to the effects of inflation and the Russia-Ukraine...

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Today in the Connected Economy: Mastercard, Sokin to Help Migrant Workers
Today in the Connected Economy: Mastercard, Sokin to Help Migrant Workers
May 23, 2022  |  Connected Economy

Today in the connected economy, Mastercard and currency account provider Sokin team up to offer banking alternatives to 578 million people in the Middle East...

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