DeFi Daily News
Tuesday, July 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Videos

Klarna CEO on the company’s mission to disrupt big banks

DeFi Daily News by DeFi Daily News
August 17, 2024
in Videos
0 0
0
Klarna CEO on the company’s mission to disrupt big banks
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article



Klarna is branching out the AI-powered global payments network to add new retail banking services. Klarna CEO Sebastian Siemiatkowski joins Asking for a Trend to discuss the move and his vision for the future of the company.
“Back in the days when you used to use a card from a bank, you would press one for debit and two for credit. And then banks stopped doing that because people weren’t building as big balances and weren’t revolving as much, and that meant lower revenue and profit for banks. But it’s a healthier credit product. It’s a healthier product to choose on a transactional basis, whether to use debit and credit. And so now, having also availability to clone a balance where you can use that money to spend online is an important part of the debit side of our business,” Siemiatkowski explains.
He notes that Klarna is a fully licensed bank in Europe, and 30% of its $100 billion volume per year is already debit. Klarna has the long-term goal of disrupting big banks and sees the US as a great opportunity as payment fees are “substantially higher” than in Europe. In a competitive market, Siemiatkowski wants Klarna to “bring back services that really serve the customer to save them time, save them money.” As part of this vision, the company will also get detailed data on consumer transactions, which it will in turn use to provide relevant advice and insights.
Watch the video above to hear what Siemiatkowski says about a potential Klarna IPO.
#youtube #news #stockmarket

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

source

Tags: banksBigBondsbusinessCEOcompanysCurrenciesdisruptEquitiesFXInvestingInvestmentKlarnaMarketMarketsMissionMoneyNewsNYSEPersonal FinancePoliticsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
ShareTweetShare
Previous Post

Shattering Big Pharma’s false sense of security

Next Post

Curve (CRV) DeFi Altcoin Surges 30% This Week, Outperforming the Crypto Market Following Significant Inflation Rate Reduction – The Daily Hodl

Next Post
Curve (CRV) DeFi Altcoin Surges 30% This Week, Outperforming the Crypto Market Following Significant Inflation Rate Reduction – The Daily Hodl

Curve (CRV) DeFi Altcoin Surges 30% This Week, Outperforming the Crypto Market Following Significant Inflation Rate Reduction - The Daily Hodl

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Mastering Crypto Mining: A Step-By-Step Guide

Mastering Crypto Mining: A Step-By-Step Guide

September 12, 2024
rewrite this title Deadspin | Agents: Dolphins deal with Giants for retired TE Darren Waller

rewrite this title Deadspin | Agents: Dolphins deal with Giants for retired TE Darren Waller

July 1, 2025
rewrite this title Coinbase Sags After Dual Blow of Supreme Court Decision, Ark Share Sale – Decrypt

rewrite this title Coinbase Sags After Dual Blow of Supreme Court Decision, Ark Share Sale – Decrypt

July 1, 2025
rewrite this title What is Solana (SOL)? How It Works, What It Does, and Why It’s So Fast

rewrite this title What is Solana (SOL)? How It Works, What It Does, and Why It’s So Fast

July 1, 2025
rewrite this title and make it good for SEO Pudgy Party Set For Imminent Release on iOS and Android

rewrite this title and make it good for SEO Pudgy Party Set For Imminent Release on iOS and Android

July 1, 2025
rewrite this title Bitget Wallet Partners With Mastercard And Immersve To Launch Zero-Fee Crypto Card

rewrite this title Bitget Wallet Partners With Mastercard And Immersve To Launch Zero-Fee Crypto Card

July 1, 2025
rewrite this title New York Man Accused of Converting .7M Into Bitcoin

rewrite this title New York Man Accused of Converting $1.7M Into Bitcoin

July 1, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.