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The Latest Breaking News from Klarna

'We Stopped Hiring!': FinTech CEO Reveals How AI Replaced Hundreds of Employees in a Year

Klarna has embraced AI, which has resulted in job cuts. Other tech giants, such as Google, IBM, and BT Group, have also adopted AI, reducing their workforces.

International Business Times UK

Black Friday spending jumps over a tenth despite quieter high streets

Nationwide building society said that, as of 2pm on Friday, its customers had made 5.24 million transactions.

The Independent UK

Klarna chooses New York over London for much-anticipated IPO

US filing by one of world’s largest buy now, pay later firms seen as another blow to London Stock Exchange

The Guardian - UK

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I can’t stop using Klarna to buy now and pay later – and I’m suffering the consequences

LET’S UNPACK THAT: You may have paid off your car via three instalments, but what about your Friday night takeaway? Ellie Muir found herself hooked on using ‘Buy Now Pay Later’ services and in a constant cycle of payment deadlines she couldn’t afford

The Independent UK

Apple Pay added new ways to pay, like card rewards and installment plans

Finally, see how many points you have and what they're worth!

TechRadar

New ‘buy now, pay later’ rules to protect UK shoppers from 2026

Firms such as Klarna to be required to do affordability checks, but campaigners question delay in new rules

The Guardian - UK

Irish-founded unicorn Intercom ditches ChatGPT for Anthropic’s Claude

Intercom’s cofounder said there wasn’t a “gotcha” moment, but Claude outperformed ChatGPT on its “Torture Test.”

Fortune

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People can use Klarna to pay for household repairs under new partnership

Klarna is working with small business platform Xero, so that smaller firms can accept payments.

The Independent UK

Chat with this AI chatbot to find everything you want to buy

Klaran debuts AI chatbot shopping assistant.

TechRadar

I paid off my £3,000 Klarna loan but the bills keep coming

I was told ownership of my account had been transferred to another company and Klarna won’t help

The Guardian - UK

Buy now, pay later a "ticking time bomb"

The buzz around companies like Klarna and Afterpay has waned but repeat users fuel massive growth

Salon

"Our chatbots perform the tasks of 700 people" with better customer ratings: AI takes center stage as a Swedish fintech shrinks its workforce by half

Klarna, a Swedish fintech company, plans to integrate AI into its workflow, allowing it to get things done faster and easier with fewer employees.

Windows Central

Klarna has 1,800 employees it hopes AI will render obsolete

Klarna CEO Sebastian Siemiatkowski wants to trim his staff to 2,000, from a peak of 5,000, with the help of AI.

Fortune

'Our Chatbots Perform The Tasks Of 700 People': Buy Now, Pay Later Company Klarna To Axe 2,000 Jobs As AI Takes On More Roles

As AI technology continues to advance, Klarna, a Swedish financial services company, is planning to reduce its workforce by almost 50% in favour of AI-powered automation.

International Business Times UK

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Fortune

Klarna's CEO embraces AI and the 'Toyota Way'

The "buy now, pay later" CEO sees a lot of similarities between fintech and carmaking, particularly when it comes to security and quality.

Fortune

Klarna's CEO is embracing AI and expanding into credit cards

There's more to Klarna than "buy now, pay later."

Fortune

The IPO market is gaining steam. Who might list later this year?

Big debuts from Reddit and Astera Labs are raising hope the IPO market has finally rebounded. But it’s still not the soaring, go-go days of 2021.

International Business Times UK

More Middle-Class Familes Are Feeling The Pinch - Here Are The Top Reasons Why

The middle class struggles with financial strain despite rising incomes due to social pressures and economic anxieties. Experts urge proactive financial planning.

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news in one place.

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The Independent UK

Apple kills off its buy now, pay later service service barely a year after launch

Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna

Fortune

Hollywood star Alexander Skarsgård is Spotify's new voice of conscious capitalism

Alexander Skarsgård is host of new podcast How We Fix This, highlighting the world's most impressive impact startups.

The Independent UK

Buy now, pay later companies must adhere to credit card standards, consumer agency says

The Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are basically credit card providers and must provide the same protections and rights that apply to those lenders

International Business Times UK

'Is That Where We're at Now? Financing Bread and Milk?': Using Klarna's 'Buy Now, Pay Later' for Groceries

Klara's interest-free loans may suit people with low credit scores, but the consequences of late payments can be similar to credit cards or traditional loans.

Axios

How to make credit cards less evil

Klarna, the buy-now-pay-later company, is out with a different kind of card.

The Guardian - UK

Fears of spiralling debt as ‘buy now pay later’ credit quadruples in UK

Campaigners and MPs demand regulation of sector as struggling consumers increasingly use the deals to buy everyday essentials

TechRadar

Europe's largest fintech firm froze recruitment because its AI assistant is so good — Klarna's AI bot does the work of 700 people and no, it's not connected to the layoff of 700 employees in 2022

Klarna's AI assistant does the work of 700 people, but that's not linked to the company laying off 700 people in 2022.

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