The Latest Breaking News from Klarna

“I am of the opinion that AI can already do all of the jobs that we, as humans, do,” Sebastian Siemiatkowski said.

Amazon is getting rid of one of its subscription benefits from 31 January, so if you want to Try Before You Buy, be quick.

“My work to me is a super important part of who I am,” Sebastian Siemiatkowski said.

For Mikaela Mijatovic, Klarna's director of people and HR, the move was "part of a larger effort to strengthen security across Klarna."

Affirm stock has climbed 32% in 2024. Rival buy now, pay later firm Klarna plans to launch an initial public offering in 2025.

Two influential tech CEOs have sparked a debate about AI’s effect on jobs. Klarna CEO Sebastian Siemiatkowski announced the buy-now, pay-later firm stopped hiring a year ago, claiming that AI can do most of the jobs that humans do. And the chief executive of AI firm Nvidia, Jensen Huang, has…

Klarna has embraced AI, which has resulted in job cuts. Other tech giants, such as Google, IBM, and BT Group, have also adopted AI, reducing their workforces.

Nationwide building society said that, as of 2pm on Friday, its customers had made 5.24 million transactions.

Bullish investors on Affirm stock focus on its scale, transaction underwriting and partnerships amid fierce competition in the BNPL market.

US filing by one of world’s largest buy now, pay later firms seen as another blow to London Stock Exchange

LET’S UNPACK THAT: You may have paid off your car via three instalments, but what about your Friday night takeaway? Ellie Muir found herself hooked on using ‘Buy Now Pay Later’ services and in a constant cycle of payment deadlines she couldn’t afford