Klarna | Jotup

Launchbay Capital Announces First Close of New $100m VC Secondary Growth Fund

Retrieved on:

Tuesday, January 23, 2024

Fintech, Knowledge, Software as a service, Investment, Klarna, IPO, AI, Monday.com, Ecosystem, Security (finance)

LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Launchbay Capital , a leading multi-stage investment firm committed to creating liquidity in the venture ecosystem, today announces the first close of its new $100m VC secondary growth fund with over 25% committed by a group of early investors.

Key Points:

LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Launchbay Capital , a leading multi-stage investment firm committed to creating liquidity in the venture ecosystem, today announces the first close of its new $100m VC secondary growth fund with over 25% committed by a group of early investors.
Launchbay Capital’s secondary growth fund is focused on creating liquidity in growth stage venture-backed technology companies with potential exits in three to four years.
The fund leverages the team’s venture expertise and extensive knowledge of private capital markets to enable active management of growth investments that yield high accelerated real returns for founders, businesses and investors.
“Traditional VC growth investments continue to face challenges with valuation transparency, long durations and limited liquidity - all issues we believe our new secondary growth fund meets head on.

Germany Buy Now Pay Later Business Report 2023: BNPL Lenders have Spotted a New Growth Market in SME Businesses - ResearchAndMarkets.com

Retrieved on:

Monday, November 20, 2023

The BNPL payment industry in Germany has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.

Key Points:

The BNPL payment industry in Germany has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.
In Germany, buy now pay later has gained increasing prominence among millennials and Gen Z consumers as a budgeting tool.
The percentage of young generation consumers in the region is further expected to create growth opportunities for the market in Germany.
Amid the economic uncertainty, BNPL lenders have spotted a new growth market in the B2B payments space.

Up to 21% Off, 2023 Klaiyi Hair Christmas Mega Sale and Free Gift Month Event

Retrieved on:

Wednesday, December 13, 2023

New Year's, Sale, Iron, Comment, PayPal, Klarna

The giveaway gift for the lucky customers consists of a hair straightener brush and a curling iron.

Key Points:

The giveaway gift for the lucky customers consists of a hair straightener brush and a curling iron.
This event adds a fun and festive touch to the holiday season and gives customers a chance to win some useful hair care tools.
Klaiyi Hair online store supports shoppers to buy their favorite hair through flexible payment services.
Being one of the well-known and affordable real hair wig brands, Klaiyi customers can now enjoy different discount levels when purchasing from their Christmas and New Year's sale pages.

Klarna's annual trend report reveals 'Fandom Fashion' as a key shopping theme for 2023 as consumers celebrated the year of Beyoncé, Taylor Swift and Barbie, among others

Retrieved on:

Thursday, November 30, 2023

Checkout, Beauty, Fearless, Most, Music, 1989 (Taylor Swift album), Friends, The Eras Tour, Vintage Tech, Family, AI, Taylor Swift, Retail, Klarna

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Today, Klarna, the AI powered payments network and shopping assistant, released its second annual trend report, 'The Checkout', which provides a review of consumer trends over the past year. Based on products U.S. shoppers checked out of their shopping carts in 2023, the report identified 'Fandom Fashion' as one of the top themes of the year, driven by the year's most dominant pop culture moments including Beyoncé's Renaissance Tour, Taylor Swift's Eras Tour and the Barbie movie.

Key Points:

"Fashion and beauty have always played a central role in live music performances simply because it adds an extra dimension to the music.
The final theme in Klarna's report, 'Host With the Most', captures the growing interest in at-home hosting.
'Life Maximized' is Klarna's second annual end-of-year trend report, highlighting the year's most unique and culture-driven trends.
The information is from online purchases with Klarna in the US, UK, Germany, Sweden, Spain, France, Italy, and Poland January 2023 to September 2023.

Germany Buy Now Pay Later Business Report 2023: A $100+ Billion Market by 2028 Featuring Major Players - RatePay, Klarna, Paypal, Afterpay, Divido, & Cashper

Retrieved on:

Thursday, November 16, 2023

The BNPL Gross Merchandise Value in the Germany will increase from US$52.3 billion in 2022 to reach US$101.3 billion by 2028.

Key Points:

The BNPL Gross Merchandise Value in the Germany will increase from US$52.3 billion in 2022 to reach US$101.3 billion by 2028.
The BNPL payment industry in Germany has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.
In Germany, buy now pay later has gained increasing prominence among millennials and Gen Z consumers as a budgeting tool.
Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

Klarna expands growth tools for retailers and creators through global rollout of Creator Shops and Ads Manager

Retrieved on:

Monday, November 13, 2023

Eye, Associate, Amazon, BNPL, Commerce, ADS, Music, Marketing, Friends, Social media, CMO, AI, Online shopping, Millennials, Klarna

Creator Shops now live in the US, offer creators their own customized storefronts.

Key Points:

Creator Shops now live in the US, offer creators their own customized storefronts.
"Building on our suite of marketing and ad solutions for retailers, Klarna's Creator Shops and Ads Manager continue to transform the company beyond BNPL into a growth partner and retail media network within the industry," said David Sandstrom, CMO, Klarna.
Retailers in the US running ads with Klarna have seen click-through-rates up to 25x those of industry averages.
With Creator Shops, Klarna gives its growing network of over 500,000 creators the ability to launch their own storefronts on Klarna.com and the tools to power a consistent shopping experience.

Carousell Group releases first-of-its-kind Circular Economy Impact Report showing positive climate impact from secondhand transactions in Greater Southeast Asia

Retrieved on:

Thursday, December 14, 2023

SINGAPORE - Media OutReach Newswire - 14 December 2023 - Carousell Group, the leading multi-category platform for secondhand in Greater Southeast Asia, released its inaugural Circular Economy Impact Report on 8 December 2023, showing that buying and selling secondhand items is a better choice for the planet compared to traditional retail of buying new items.

Key Points:

SINGAPORE - Media OutReach Newswire - 14 December 2023 - Carousell Group, the leading multi-category platform for secondhand in Greater Southeast Asia, released its inaugural Circular Economy Impact Report on 8 December 2023, showing that buying and selling secondhand items is a better choice for the planet compared to traditional retail of buying new items.
Mr Tharman Shanmugaratnam, President of the Republic of Singapore, graced the launch event for Carousell Group’s Circular Economy Impact Report at Carousell Campus.
Carousell Group is the leading multi-category platform for secondhand in Greater Southeast Asia on a mission to make secondhand the first choice.
The partnership with Carousell Group marks the expansion of Vaayu's expertise to Asia.

Klarna's US Growth Soars with GMV Up Nearly 50% YOY in Q3

Retrieved on:

Monday, November 6, 2023

Macy's, Timex, StubHub, Certification, Acquisition, Nike, Growth, Instacart, Risk, Marketing, BNPL, Blackhawk Network Holdings, YOY, AI, GMV, Online shopping, Airbnb, Q3, Klarna

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Klarna, the AI powered global payments network and shopping assistant, today announced its continued momentum in the US market with several noteworthy achievements in Q3 2023 – its fourth consecutive quarter of gross profit in the market – including a 46% YOY rise in GMV and 28% improvement in credit loss rates. This growth is fueled by increasing adoption and demand for Klarna's increasingly diverse, AI-driven product suite among US consumers and retailers. Today, Klarna reaches over 37 million consumers (32% YOY growth) and 26,000 retail partners (38% YOY growth), including Macy's, Nike, Airbnb, StubHub, Instacart, and more.

Key Points:

This growth is fueled by increasing adoption and demand for Klarna's increasingly diverse, AI-driven product suite among US consumers and retailers.
Today, Klarna reaches over 37 million consumers (32% YOY growth) and 26,000 retail partners (38% YOY growth), including Macy's, Nike, Airbnb, StubHub, Instacart, and more.
"Even in a challenging and evolving economic environment, Klarna's success in the US continues, marked by double-digit YOY GMV growth in Q3, 37 million+ consumers, and a rapidly expanding retailer network," said Sebastian Siemiatkowski, CEO, Klarna.
The growth and evolution of Klarna in the US has been turbocharged by the company's investment in AI.

Iris® Powered by Generali Reports Over 80% of Americans Worry About Hacked Retailers in 2023 Holiday Survey

Retrieved on:

Monday, November 6, 2023

WASHINGTON, Nov. 6, 2023 /PRNewswire/ -- Iris® Powered by Generali ("Iris"), provider of a proprietary identity and cyber protection platform, today released the findings of its seventh annual Holiday Shopping ID Theft survey, an annual survey that polls consumers on their holiday shopping habits as well as key cybersecurity and identity theft concerns they have related to their holiday shopping plans.

Key Points:

Paige Schaffer, CEO of Iris, commented on the findings, "According to our 2023 Holiday Shopping ID Theft survey findings, we've seen that concern about sensitive financial information being stolen while holiday shopping has continued to trend upward.
That said, retailers, consumer brands, and debit and credit card providers can offer peace of mind to more than half of holiday shoppers by making identity protection services available to them.
The key findings of this year's survey are listed below:
Nearly three-quarters (73%) of respondents expressed concerns about their personal and financial data being at risk during the holiday shopping season.
Most Americans (84%) say that past data breaches have impacted their willingness to shop with a specific retailer.

Global Buy Now Pay Later Movement Sees Rapid Transformation As Japan's BNPL Market Skyrockets - ResearchAndMarkets.com

Retrieved on:

Friday, October 20, 2023

In line with this, a groundbreaking new research report "Japan Buy Now Pay Later Business and Investment Opportunities Databook" has been added to the ResearchAndMarkets.com portfolio, diving deep into Japan's burgeoning BNPL market.

Key Points:

In line with this, a groundbreaking new research report "Japan Buy Now Pay Later Business and Investment Opportunities Databook" has been added to the ResearchAndMarkets.com portfolio, diving deep into Japan's burgeoning BNPL market.
The report predicts a resounding growth in the Japanese BNPL payments sector, forecasting an annual growth of 53.6% to reach US$15.1 billion in 2023.
This report, replete with over 75 KPIs at the country level, offers a comprehensive overview of the BNPL market dynamics, size, forecast, and market share statistics in Japan.
End-Use Sector Insights: Gain actionable insights across multiple sectors, and keep pace with the latest BNPL market developments.