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David Sykes

Klarna agreement with JP Morgan - "important milestone"

The Swedish fintech company Klarna has signed a new agreement with American JP Morgan Payments, the world's largest card acquirer. "This is an important milestone for Klarna", says David Sykes, sales manager at Klarna according to a press release.

Klarna agreement with JP Morgan - "important milestone"

Klarna wants to sell loan portfolio in the USA

The payment service Klarna is trying to sell a large portion of its loan portfolio in the USA, reports the newspaper Financial Times, citing three anonymous sources. The purpose is to free up capital ahead of a stock exchange listing in New York.

Klarna wants to sell loan portfolio in the USA