Debt in Disguise: The Hidden Risks of Buy Now Pay Later Schemes The rise of Buy Now Pay Later (BNPL) services, such as Klarna, Afterpay, and Affirm, has transformed the way consumers shop, offering the promise of flexibility and affordability. These platforms allow users to break down purchases into smaller, manageable payments, often with little […]
In an interview with CNBC, Siemiatkowski said: “The volatility in the market right now makes me nervous to IPO, to be honest. I think it would be nice to IPO when it’s a little bit more sound. And right now it doesn’t feel really sound out there.” Swedish fintech Klarna is currently one of the […]
Image by Web Summit - SD5_7851, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=74256111 CEO and co-founder Nik Storonsky said: “To be able to IPO successfully we need to be at least in the few billion dollars range of revenue a year.” As of 2020, Revolut’s adjusted revenue was £261 million ($359 million). In July, the company managed to raise […]
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