Swedish Fintech Startup Klarna Up Against Banks, Credit Cards

Mar.11 -- Sebastian Siemiatkowski, chief executive officer of Klarna Bank AB, discusses the Swedish fintech company's strategy and outlook. Europe’s most valuable startup said it raised $1 billion at a valuation of $31 billion, following rapid growth in its U.S. business. Siemiatkowski speaks to Emily Chang on "Bloomberg Technology."

[@pdr770]

In App Store and Safari yoh could Pay a Few Payments as Much as Allowed with Siri and Even a Button after Buy even with out Apple Card like i Want 8 Payments on This. Not every one can use Apple Card Tim because of Credit Score.

[@mrpmj00]

other businesses and consumers buy from Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix so these are the stocks you want to own..

[@YoushaAhmad]

Ripe for a collapse. It is as though this guy doesn't know about the 2008 sub-prime crash.

[@yuji9733]

Are their target users someone with low income or low financial literacy?

[@KarimAymanRiesco]

Their target is more about covering smaller ticket sizes, lower income segment can get their irregular needs without impacting their usual monthly expenses. For middle to higher income segment, it allows us to increase our AOV, get the nice add ons, accessories etc. And split payments over a small period of time without getting into a real debt trap, so the result is in enhancing and optimizing purchase power, drive more business towards merchants and less credit cards usage on unnecessary items.

[@Camie.in.Philly]

Please don't go public. That messes up everything smh. All my friend and I use the app and we love it.

[@bart171198]

Lol

[@sohambhatia]

long AFRM

[@managepay]

She looks pissed when she doesn’t smile

[@fonziebulldog5786]

Klarna. The only company i know who bill people for things they never got. 👎