Private equity group Permira has acquired a 10 percent take in Swedish FinTech company Klarna. According to a report in the Financial Times, the stake cost the PE firm $250 million. The deal was expected to be announced later Friday (July 21) and marks the first time...
Global card network Visa has officially announced as of yesterday (June 27) news that it will be investing an undisclosed amount in Klarna AB, the payments technology firm from Sweden. Klarna serves 60 million consumers and 70,000 retailers worldwide — and, according to a released statement by...
As the tech world takes over most everyday activities, the publishing world is no different. Forget shopping in brick-and-mortar bookstores for your next read, audio books, or eBooks (the “Spotify for Books”), have become the go-to way to consume literature today. While Amazon’s Audible may be...
Klarna, the Swedish startup that lets shoppers pay for goods after they are delivered instead of before (and incrementally over time if they wish), has picked up a new investor that catapults its valuation to over $2.25 billion. Brightfolk, the fashion firm owned by Danish...
July 31, 2017
SEB AB, the largest bank in Sweden, is getting into the voice-activated digital assistant game with the launch of Aida. According to a news report in Bloomberg, Aida aims to free up time for humans to work on more complex tasks. “There are some frequent, simple tasks that we need to deal with manually today, and in […]
July 21, 2017
Private equity group Permira has acquired a 10 percent take in Swedish FinTech company Klarna. According to a report in the Financial Times, the stake cost the PE firm $250 million. The...
June 28, 2017
Global card network Visa has officially announced as of yesterday (June 27) news that it will be investing an undisclosed amount in Klarna AB, the payments technology firm from Sweden. Klarna serves...
