Klarna
Daily Crunch: Apple announces AirPods Max headphones
Apple unveils new high-end headphones, Calm raises more funding and Cyberpunk 2077 faces criticism. This is your Daily Crunch for December 8, 2020. The big story: Apple announces AirPods Max headphone
Making sense of Klarna
Sebastian Siemiatkowski, the co-founder and CEO of Klarna — the Swedish fintech “buy now, pay later” sensation that is currently Europe’s most valuable private tech company — is dismissive o
PrimaHealth Credit offers a buy-now, pay-later lending service for elective procedures
The Newport Beach, California-based healthcare lending service PrimaHealth Credit is now pitching point-of-sale lending services for elective medical procedures. Taking the kinds of financial lending
Helping big banks out-Affirm Affirm and out-Chime Chime gives Amount a $681 million valuation
Amount, a new service that helps traditional banks compete in a digital world, has raised $81 million from none other than Goldman Sachs as it looks to help legacy fintech players compete with their m
US shopping app downloads on Black Friday reached a record 2.8M installs
Many U.S. consumers spent this year’s Black Friday sales event shopping from home on mobile devices. That led to first-time installs of mobile shopping apps in the U.S. to break a new record for
7 things we just learned about Sequoia’s European expansion plans
Sequoia Capital, the renowned Silicon Valley venture capital firm that has backed companies like Apple, Google, Dropbox, Airbnb and Stripe, recently disclosed that it had opened its first office in Eu
Funded by Connect Ventures, Purple Dot plans to take on Klarna-style purchase debt
In recent times startups have appeared offering credit at an e-commerce basket checkout so that a customer can buy a product without needing to pay right away. Klarna or Clearpay are the two most nota
Klarna raises $650 million at a $10.6 billion valuation
Fintech startup Klarna has raised a mega-round of funding led by Silver Lake. The company is raising $650 million at a post-money valuation of $10.65 billion. Klarna says it is now the highest-valued
Klarna launches rewards program
Fintech startup Klarna is launching a rewards program called Vibe this summer. If you use Klarna as your payment method, you’ll start earning points for every $1 you spend. You can then redeem your
Curve begins quietly testing Curve Credit, its planned Klarna competitor
Curve, the “over-the-top” banking platform that lets you consolidate all your bank cards into a single Curve card and app, is quietly testing its planned “Klarna rival.” Dubbed “
ClimateView raises $2.5 million for its toolkit to visualize climate mitigation plans
ClimateView, a Swedish software development company working on monitoring and visualization tools for greenhouse gas emissions, said it has raised $2.5 million in its latest round of financing. While
Alma is a Klarna-like payment startup that lets you buy now and pay later
Meet Alma, a French startup that helps you offer a new payment option for your expensive goods. Like Klarna, clients can choose to pay over three or four installments. But the comparison stops here, a
Alipay owner Ant Financial takes minority stake in Klarna
Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Kl
A conversation with ‘the most ambitious female VC in Europe’
Blossom Capital, the venture capital firm co-founded by ex-Index Ventures and LocalGlobe VC Ophelia Brown, just raised a new $185 million fund. The firm’s remit remains broadly the same: to be t
Open banking platform Tink raises €90M at a post-money valuation of €415M
Tink, the European open banking platform, is disclosing €90 million in new funding, just 11 months after the Sweden-headquartered company announced a €56 million round of funding. Co-leading this
The five biggest rounds in tech in 2019 and what they mean
Funding for tech startups has been on an inevitable upswing for years, a result of a virtuous circle where wildly successful tech companies on the public markets whet the appetites of investors and in
Klarna CEO says ‘maybe’ of taking public Europe’s most valuable fintech next year (but he’s not ruling out another round, either)
Yesterday at TechCrunch Berlin, we sat down with Sebastian Siemiatkowski, the co-founder and CEO of Klarna, a 15-year-old company that’s currently the most highly valued privately held fintech i
Klarna CEO Sebastian Siemiatkowski to speak at Disrupt Berlin shortly after raising $460 million
Klarna is quietly becoming a fintech giant. Following its latest founding round, the company is now valued at $5.5 billion. That’s why I’m excited to announce that Klarna co-founder and CEO Sebast
Klarna raises $460 million, looks to expand its payments presence in the US
Swedish payments provider Klarna has announced a new round of equity funding, adding $460 million at a post-money valuation of $5.5 billion, which makes it one of the most highly valued private fintec
Why is Andreessen Horowitz (and everyone else) investing in Latin America now?
Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz. The firm