RBI cracks down on ‘buy now, pay later’
The RBI has ordered Bengaluru-based BNPL firm Simpl to immediately cease its payments operations for running a system without explicit central bank authorization. This action ...
Klarna IPO debut: Stock jumps 30% on NYSE listing; Swedish BNPL firm eyes US market growth
Swedish company Klarna made its debut on the New York Stock Exchange. Shares of the buy-now-pay-later firm jumped 30% after opening. The IPO was priced ...
Swedish firm Klarna targets $1.27 bn in New York listing; eyes $14 bn valuation, big investors line up to exit
Klarna, the Swedish “buy now, pay later” giant, is aiming to raise $1.27 billion through an IPO in New York, pricing shares between $35 and ...
