Klarna sets up UK holding company in move toward IPO
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Buy now, pay later firm Klarna has established a holding company …
PayPal Holdings Inc
US, China lead on most valuable firms
Chinese and US flags fly outside a hotel during a 2012 U.S. presidential election results event organized by the US embassy in Beijing on November 7, 2012. Ed Jones | …
Fintech firm Airwallex buys MexPago to expand in Latin America
The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America. Airwallex Global fintech giant Airwallex on Thursday said it has agreed to acquire …
Apple, Goldman Sachs were planning a stock-trading feature for iPhones
Apple CEO Tim Cook holds a new iPhone 15 Pro during the ‘Wonderlust’ event at the company’s headquarters in Cupertino, California, U.S. September 12, 2023. Loren Elliott | Reuters As …
Marathon, Tesla, Moderna and more
In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday …
JPMorgan to offer online payroll services
Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses. Courtesy: Kelly Boynton | Gusto JPMorgan Chase is stepping up its …
Fintech giant Wise allowed Russia sanctions target to withdraw money
Wise CEO and co-founder Kristo Kaarmann. Wise British financial technology giant Wise allowed an individual on the Russian sanctions list to withdraw money, a U.K. government body said Thursday. …
Buy now, pay later firm Klarna reduces losses by 67%, revenue up 21%
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Swedish buy now, pay later firm Klarna reduced its losses by …
PayPal crypto chief Jose Fernandez da Ponte on battling Tether, USDC
PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it …