Klarna | Jotup

Will the UK Government's Draft Legislation on Buy Now, Pay Later Drive Growth Forecasts?

Retrieved on:

Thursday, March 2, 2023

Today, over 17 million consumers have used BNPL services , including almost half (49%) of credit cardholders according to Auriemma Group's latest issue of Cardbeat UK.

Key Points:

Today, over 17 million consumers have used BNPL services , including almost half (49%) of credit cardholders according to Auriemma Group's latest issue of Cardbeat UK.
However, new draft government legislation may soon change the readiness in which consumers can access and use BNPL services in order to reduce the risk of consumer detriment.
Several UK banks and lenders already have BNPL products in market, such as NewDay with NewPay, NatWest and Virgin Money.
Auriemma's Cardbeat UK found that 44% of cardholders would be interested in monthly instalment plans attached to their existing credit card.

Klarna Reports Fourth Quarter Results and Full Year 2022 Annual Report

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Tuesday, February 28, 2023

Samsung, GMV, Policy, SEK, Growth, Commerce, Booking.com, Auka (company), Q4, Yoy, CO2, Fossil Group, Annual report, Video game, Online shopping, Klarna, Groupon

Klarna made further progress in diversifying revenue, with marketing revenue up +131% in 2022, accounting for 10% of total global revenue in Q4 2022.

Key Points:

Klarna made further progress in diversifying revenue, with marketing revenue up +131% in 2022, accounting for 10% of total global revenue in Q4 2022.
In May 2022, Klarna was one of the first global businesses to realign its business to the new macro-economic environment.
Compared to Q4 2021 Klarna improved its credit loss rate (credit losses / GMV) by 30% to an industry-leading 0.58% in Q4 2022.
In 2022, many large US retailers joined Klarna including Samsung, Groupon, Booking.com, Instacart, Tractor Supply Company and Fossil Group.

Klarna Reports Fourth Quarter Results and Full Year 2022 Annual Report

Retrieved on:

Tuesday, February 28, 2023

Samsung, GMV, Policy, SEK, Growth, Commerce, Booking.com, Auka (company), Q4, Yoy, CO2, Fossil Group, Annual report, Video game, Online shopping, Klarna, Groupon

Klarna made further progress in diversifying revenue, with marketing revenue up +131% in 2022, accounting for 10% of total global revenue in Q4 2022.

Key Points:

Klarna made further progress in diversifying revenue, with marketing revenue up +131% in 2022, accounting for 10% of total global revenue in Q4 2022.
In May 2022, Klarna was one of the first global businesses to realign its business to the new macro-economic environment.
Compared to Q4 2021 Klarna improved its credit loss rate (credit losses / GMV) by 30% to an industry-leading 0.58% in Q4 2022.
In 2022, many large US retailers joined Klarna including Samsung, Groupon, Booking.com, Instacart, Tractor Supply Company and Fossil Group.

Texas Based Elopea Now Offering Couples In-House Financing for Small Weddings

Retrieved on:

Monday, February 27, 2023

Klarna, Love, Jewellery

As a luxurious, innovative, and intimate wedding planning company with home office based in Austin, Elopea is passionate about providing an unforgettable experience.

Key Points:

As a luxurious, innovative, and intimate wedding planning company with home office based in Austin, Elopea is passionate about providing an unforgettable experience.
And now, Elopea is making this special day more accessible and available to engaged couples by offering in-house financing on a payment plan.
With innovation, technology, and personal touches, the Elopea team is revolutionizing the wedding ceremony and wedding planning to create your dream wedding.
Elopea looks forward to providing couples with as many payment options as possible to accommodate all budgets.

Pagos Raises $34M to Expand Vital Cost and Revenue-Impacting Payment Intelligence for Any Business Selling or Billing Online

Retrieved on:

Monday, February 27, 2023

This latest round of funding will be used to expand the Pagos engineering team and advance the platform’s enterprise product suite of Parrot , Peacock , Canary , Toucan , and Loon .

Key Points:

This latest round of funding will be used to expand the Pagos engineering team and advance the platform’s enterprise product suite of Parrot , Peacock , Canary , Toucan , and Loon .
Global digital payments revenue is expected to reach $14.79 trillion by 2027 , so payment infrastructure has never been more critical.
Pagos has introduced a suite of composable payments intelligence and action tools which can be used on top of businesses’ existing payments processing infrastructure.
To learn more about the Pagos platform or schedule a free, customized demo, please visit: https://pagos.ai .

Medius Appoints Henrik Rosén as Chief Technology Officer

Retrieved on:

Monday, February 27, 2023

Cloud, Software as a service, ERP, Cloud (operating system), Security, Customer support, BBC Research & Development, R, Medius, Automation, Combat, Henrik, Spotify, AP, Management, Klarna, Northvolt

STOCKHOLM, LONDON and JACKSONVILLE, Fla., Feb. 27, 2023 /PRNewswire/ -- Medius , a leading provider of AP automation and wider spend management solutions, today announces the appointment of Henrik Rosén as Chief Technology Officer (CTO).

Key Points:

STOCKHOLM, LONDON and JACKSONVILLE, Fla., Feb. 27, 2023 /PRNewswire/ -- Medius , a leading provider of AP automation and wider spend management solutions, today announces the appointment of Henrik Rosén as Chief Technology Officer (CTO).
As CTO, Rosén will drive Medius's innovation activities, delivering] the established Medius product suite, developing new products, and doubling-down on providing value to the customer base.
Rosén will lead the Research & Development (R&D) and the Customer Support organizations, and in addition also manage the Cloud Operations and the Security organization at Medius.
Henrik Rosén, CTO, Medius, comments: "Sweden has a long history of innovation - home of household technology names like Spotify, Klarna, and Northvolt.

Medius Appoints Henrik Rosén as Chief Technology Officer

Retrieved on:

Monday, February 27, 2023

Cloud, Software as a service, ERP, Cloud (operating system), Security, Customer support, BBC Research & Development, R, Medius, Automation, Combat, Henrik, Spotify, AP, Management, Klarna, Northvolt

STOCKHOLM, LONDON and JACKSONVILLE, Fla., Feb. 27, 2023 /PRNewswire/ -- Medius , a leading provider of AP automation and wider spend management solutions, today announces the appointment of Henrik Rosén as Chief Technology Officer (CTO).

Key Points:

STOCKHOLM, LONDON and JACKSONVILLE, Fla., Feb. 27, 2023 /PRNewswire/ -- Medius , a leading provider of AP automation and wider spend management solutions, today announces the appointment of Henrik Rosén as Chief Technology Officer (CTO).
As CTO, Rosén will drive Medius's innovation activities, delivering] the established Medius product suite, developing new products, and doubling-down on providing value to the customer base.
Rosén will lead the Research & Development (R&D) and the Customer Support organizations, and in addition also manage the Cloud Operations and the Security organization at Medius.
Henrik Rosén, CTO, Medius, comments: "Sweden has a long history of innovation - home of household technology names like Spotify, Klarna, and Northvolt.

New West Technologies Announces Release of EPay for Microsoft Dynamics 365

Retrieved on:

Saturday, February 25, 2023

BitPay, Microsoft, Reach Out Worldwide, E-commerce, Venmo, ACH, Microsoft Dynamics 365, Research, PayPal, Online shopping, Klarna, Elavon

PORTLAND, Ore., Feb. 24, 2023 /PRNewswire/ -- New West Technologies is pleased to announce the release of EPay for Microsoft Dynamics 365, certified for use with the Ingenico Lane series devices, including the 8000 and Link 2500.

Key Points:

PORTLAND, Ore., Feb. 24, 2023 /PRNewswire/ -- New West Technologies is pleased to announce the release of EPay for Microsoft Dynamics 365, certified for use with the Ingenico Lane series devices, including the 8000 and Link 2500.
EPay for D365 connects Microsoft D365 users to Elavon payments, making it easier to process payments across channels.
"We are excited to announce the release of EPay for D365, an incredible new option for businesses using Microsoft Dynamics 365," said Dan King, President of New West Technologies.
EPay for D365 is available now and easily integrates into existing Microsoft Dynamics 365 systems.

Klarna US growth surges with GMV up 71% YoY

Retrieved on:

Wednesday, February 22, 2023

"We're thrilled at the growth and momentum we've achieved in the US, and are confident in our path towards profitability," said Sebastian Siemiatkowski, CEO, Klarna.

Key Points:

"We're thrilled at the growth and momentum we've achieved in the US, and are confident in our path towards profitability," said Sebastian Siemiatkowski, CEO, Klarna.
Whether they're using the Klarna App for a smoother all-in-one shopping experience or checking out with our interest-free payment solutions, we're saving consumers time, money, and making Klarna essential in today's economy."
Klarna is a strategic growth partner for retailers, offering payment options that increase consumer trust, loyalty, and conversion alongside unique marketing and advertising solutions that drive measurable growth.
"Klarna's marketing revenue is our fastest growing revenue stream, creating over 600 million leads for our retail partners to drive shared growth," said David Sandstrom, CMO, Klarna.

ÎLESONIQ 2023 LINEUP UNVEILED!

Retrieved on:

Thursday, February 16, 2023

Montreal, February 13, 2023, Feb. 16, 2023 (GLOBE NEWSWIRE) -- îLESONIQ, Canada’s one-of-a-kind dance party, presented by Bell, is back for its 8th edition, and this year the festival promises a jam-packed weekend bursting at the seams with massive beats, hypnotic light shows, unique back-to-back sets, one of the biggest stages in North America (yes, indeed, the superstage is back!

Key Points:

Montreal, February 13, 2023, Feb. 16, 2023 (GLOBE NEWSWIRE) -- îLESONIQ, Canada’s one-of-a-kind dance party, presented by Bell, is back for its 8th edition, and this year the festival promises a jam-packed weekend bursting at the seams with massive beats, hypnotic light shows, unique back-to-back sets, one of the biggest stages in North America (yes, indeed, the superstage is back!
The weekend of August 12 and 13 will be an unforgettable party on île Sainte-Hélène, overlooking Montreal’s spectacular skyline with some of the finest acts in the world, plus a can’t-miss îLESONIQ in the City on Friday night!
Fans looking for the ultimate dance music festival can expect a weekend of wild sensory overload that surpasses all expectations, as the îLESONIQ team unveils the festival’s strongest lineup to date!
Martin Garrix’s headline set at îLESONIQ 2023 is certainly a much-awaited, long overdue one!