Apple teams up with Klarna to launch a lease-to-own program for iPhones, iPads, and Macs
The new leasing program is a big change for the hardware company, and comes as it looks to raise prices on many of its products.
As Morris watches his BNPL investments from the other side of the table, he seems to understand the warning signs better than most.
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.
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.