BNPL is expanding fast, and that should worry everyone
As Morris watches his BNPL investments from the other side of the table, he seems to understand the warning signs better than most.
Klarna
Klarna’s IPO pops, raising $1.4B, with Sequoia as the biggest winner
Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors.
Klarna revives IPO plans, aims to raise $1.27B
Swedish buy now, pay later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.
