Klarna halves losses, expects a return to profit
Klarna is on track to return to profit before the end of 2023, as the company’s first quarter results show the fintech has halved its losses.
Klarna is on track to return to profit before the end of 2023, as the company’s first quarter results show the fintech has halved its losses.
Building a framework and infrastructure for a world-leading payments ecosystem is critical for the UK’s continued leadership in financial services. The question ‘How can we ensure innovation, competition and high security standards?’ was answered by industry experts at IFGS 2025.
Exchange operator Nasdaq has launched a cloud data service, running on AWS, that gives clients access, via a suite of APIs, to real-time exchange data, index and fund data.
Australia’s Commonwealth Bank has opened a dedicated Tech Hub in Seattle to equip its IT staff with first-hand experience of emerging developments in cuting-edge technologies, such as AI and cloud.
Asbury Automotive saw slight year-over-year declines in finance and insurance profits in the first quarter as it prepared to expand. …
At Money20/20 in Amsterdam, Finextra chatted to ING’s head of corporate strategy & innovation Jeroen Plag about how the bank has merged the innovation and strategy departments bringing initiatives closer to the business like CoorpID and Blacksmith and is now focusing on building new assets.
Prosper, the UK WealthTech founded by Tandem and Nutmeg alumni, has hit its £800,000 Crowdcube target before launching to the public.
Auto finance executives largely expect leasing to surge over the next two years as incentives resume and supply builds, but…
LAS VEGAS — The auto market is proving resilient despite the downward trend the subprime market is experiencing amid rising…
In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EU’s Instant Payments Regulation across credit transfers in Euro. NextGen Nordics 2025 at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will explore how VoP can reduce fraud and payment, and prepare for 5 October 2025, the effective date of the VOP scheme rulebook.
A review of the first year of the UK’s groundbreaking experiment in Open Banking. What worked? What didn’t? And what next?