Looser regulations might be leading Swedish buy-now-pay-later firm Klarna to choose the US over the UK to host its IPO.
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Shareholders of Klarna ousted a board member closely affiliated with one of its feuding founders in advance of its IPO.
Klarna, which is planning a US public debut as soon as early 2025, announced stellar first-half results for 2024.
Victor Jacobsson has been buying shares through special purpose vehicles as its top VC sponsor debates the impact.
Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.
High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.
Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.
The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.