fintech
Klarna CEO’s pay rises by 35% despite company losses hitting $1bn
Klarna’s CEO Sebastian Siemiatkowski has watched his pay climb by 35% despite his company plunging to the biggest annual loss in its history. The fintech giant cooled fears by saying…
Read MoreFintech firm Revolut reports first ever annual profit
Fintech firm Revolut has reported its first ever annual profit in 2021, according to financial accounts released on Wednesday.
The profit can mainly be attributed to the uptick in paid…
Read MoreZipzero secures over £1 million in seed funding
UK fintech start-up Zipzero has successfully raised over £1 million in seed funding.
Zipzero is a consumer app that allows users to receive cash rewards by sharing receipts from their…
Read MoreStripe to confirm IPO plans this year
Fintech firm Stripe will make a decision on its plans to go public within the next year, according to CNBC.
Co-founders John and Patrick Collison told Stripe’s workers on Thursday…
Read MoreKlarna introduces personal overview feature for consumers
Klarna has introduced Money Story, a personal summary feature for consumers looking to keep track of their spending and control over their finances. Money Story uses an animated “story” format…
Read MoreMollie appoints Koen Köppen as new CEO
Payments platform Mollie is set to appoint Koen Köppen as its new CEO.
Köppen, previously the chief technology officer (CTO) of Klarna for five years, joined Mollie as CTO in…
Read MoreKlarna boss has ‘no regrets’ over investment round which left firm 85% down in value
The founder of Klarna, Sebastian Siemiatkowski, has claimed he ‘does not regret’ going through a recent investment round that caused the fintech giant’s value to tumble 85% to £5.46 billion.…
Read MoreKlarna launches Open Banking initiative to accelerate open banking innovation
Fintech giant Klarna has announced the launch of a new initiative to help startups develop proofs of concepts (POC) in the ecommerce, data analytics and fintech sector.
The BNPL pioneer…
Read MoreRevolut surpasses 25 million retail customers globally
Revolut has surpassed 25 million retail customers worldwide and is now processing over 330 million transactions each month.
The fintech firm, which launched in 2015, offers money transfer and exchange…
Read More