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Klarna CEO: Embracing "Swedishness" as a Key Asset
Business News

Klarna CEO: Embracing "Swedishness" as a Key Asset

Waving with Swedish flags does not mean much to him. But what he calls "Swedishness" is highly valued by payment company Klarna's CEO and co-founder Sebastian Siemiatkowski
Microsoft Gains Amid Mixed US Market
Business News

Microsoft Gains Amid Mixed US Market

Leading indexes on the New York stock exchange went in different directions when the week's trading was closed.
Klarna CEO Secures Billion-Kronor Loan to Buy Out Co-Owner
Business News

Klarna CEO Secures Billion-Kronor Loan to Buy Out Co-Owner

Klarna's CEO and co-founder Sebastian Siemiatkowski has mortgaged Klarna shares to take economic control over the holding company K Friends Partners, with shares in Klarna. The Klarna chief's loan of over one billion kronor was taken out in the Swedish major bank SEB, reports Bloomberg
Warner Bros Discovery Surges on Wall Street Amid Paramount Bid Rumors
Business News

Warner Bros Discovery Surges on Wall Street Amid Paramount Bid Rumors

The leading indexes on Wall Street recorded new records on Thursday. Streaming giant Warner Bros Discovery surged 30 percent after reports of an impending bid from competitor Paramount
Klarna's Stock Market Debut Attracts Swedish Small Investors
Business NewsTop News

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna was listed on the New York stock exchange on Wednesday. According to the online banks Avanza and Nordnet, there was a great interest among Swedish small investors for the share on the first trading day
Klarna's NYSE Listing Boosts Growth and Talent Attraction
Business NewsTop News

Klarna's NYSE Listing Boosts Growth and Talent Attraction

Klarna's listing on the New York stock exchange can get momentum going for venture capital and tech investments in Sweden, believes the payment company's marketing chief David Sandström. There is so much left to do, reminds the chief operating officer Camilla Giesecke on the listing day
Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing
Business News

Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing

It was a mixed bag on the New York stock exchange's leading indexes on Wednesday. Swedish Klarna stood for the year's largest listing – but Oracle stole the show
Klarna's Stock Surges 30% in Initial New York Trading
Business NewsTop News

Klarna's Stock Surges 30% in Initial New York Trading

Payment giant Klarna surged 30 percent in the initial trading after the stock exchange listing in New York. The share fell back somewhat and was traded at closing for just under 46 dollars – just under 15 percent above the introduction price of 40 dollars
Klarna CEO Outlines Strategy to Dominate Global Payment Market
Business NewsTop News

Klarna CEO Outlines Strategy to Dominate Global Payment Market

With the listing of Klarna in place, CEO Sebastian Siemiatkowski is now aiming to make the company number one on the global payment market. The fact that it became a listing in New York is connected to the fact that the interest in Klarna has been lukewarm in Sweden
Clas Ohlson Stock Jumps 13% Amid Slight Stockholm Market Dip
Business News

Clas Ohlson Stock Jumps 13% Amid Slight Stockholm Market Dip

The Stockholm stock exchange fell slightly on Wednesday. Against the trend went the hardware chain Clas Ohlson with a course rally of over 13 percent
Klarna Valuation Could Reach 150 Billion Kronor in 2023 Analysis
Business News

Klarna Valuation Could Reach 150 Billion Kronor in 2023 Analysis

The value of the Swedish payment company Klarna can be pushed up to 16 billion dollars, equivalent to around 150 billion kronor according to a fresh analysis. It is significantly more than what the company itself has set as a goal ahead of the stock market introduction that is imminent
Klarna's New York IPO: Analyst Calls It a High-Risk Stock
Business NewsTop News

Klarna's New York IPO: Analyst Calls It a High-Risk Stock

The listing price that the Swedish fintech company Klarna is aiming for in the stock exchange listing in New York feels expensive, according to Lars Frick, chief analyst at Aktiespararna. A high-risk share, he says
Klarna Plans New York Stock Exchange Listing with $13.6 Billion Valuation
Business NewsTop News

Klarna Plans New York Stock Exchange Listing with $13.6 Billion Valuation

The Swedish fintech conglomerate Klarna will be listed on the New York stock exchange, according to the company. The plan is to raise approximately 12 billion kronor in connection with the listing and the company is aiming for a total valuation of Klarna of approximately 129 billion kronor, according to the prospectus
Klarna Introduces New Payment Card in Sweden and Europe
Business News

Klarna Introduces New Payment Card in Sweden and Europe

The Swedish fintech group Klarna is launching a new payment card with both debit and credit functions in Sweden and a long range of other European countries.
Stockholm Stock Exchange Drops 2.2 Percent Amid Broad Decline
Business News

Stockholm Stock Exchange Drops 2.2 Percent Amid Broad Decline

After a quiet start on Tuesday, the Stockholm stock exchange turned sour and closed at a minus of 2. 2 percent
Revolut Employees to Sell Shares Amid $75 Billion Valuation
Business News

Revolut Employees to Sell Shares Amid $75 Billion Valuation

Employees at the British fintech company Revolut will soon be able to sell shares in the company, reports Financial Times. The company's valuation in the transactions planned is $75 billion, equivalent to over 700 billion kronor, according to the newspaper
Klarna Prepares for New York Stock Exchange Debut
Business News

Klarna Prepares for New York Stock Exchange Debut

The Swedish payment service company Klarna will start marketing the company's stock exchange introduction on the New York stock exchange as early as Tuesday, according to The Wall Street Journal.
Klarna Nears NYSE Listing with Valuation Up to 14 Billion Dollars
Business News

Klarna Nears NYSE Listing with Valuation Up to 14 Billion Dollars

Klarna is getting closer to a listing on the New York Stock Exchange. According to Reuters, the company is valued at between 13–14 billion dollars, approximately 125–134 billion Swedish kronor
From Sweden to Silicon Valley: The Journey of Klarna's Founder
Business NewsLiving in SwedenEconomics

From Sweden to Silicon Valley: The Journey of Klarna's Founder

Sebastian Siemiatkowski is the founder of the fintech company Klarna, which has now taken the US by storm. It all started in Sweden, where Sebastian was shaped into the leader he is today
Klarna Reports $46 Million Operating Loss in Second Quarter
Business News

Klarna Reports $46 Million Operating Loss in Second Quarter

Payment giant Klarna reports an operating loss for the second quarter of 46 million dollars, equivalent to 440 million kronor. Credit losses are increasing
Klarna Plans New York Stock Exchange Listing This Autumn
Business News

Klarna Plans New York Stock Exchange Listing This Autumn

Payment giant Klarna is preparing to resume plans to list itself on the New York stock exchange, according to Sky News.
Klarna Plans to Move Away from Bank-ID Amid Criticism
Business News

Klarna Plans to Move Away from Bank-ID Amid Criticism

Klarna Payment Services Now Available on Ebay USA
Business News

Klarna Payment Services Now Available on Ebay USA

The payment service Klarna is being launched on the auction site Ebay in the USA, writes Klarna in a press release.
Klarna Delays US Stock Listing Citing Market Uncertainty
Business News

Klarna Delays US Stock Listing Citing Market Uncertainty

Klarna is pausing the stock exchange listing in the USA, according to sources for Wall Street Journal.
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