Co-founder and CEO of @Klarna. Smoooth shopping! Trying my best to be the nightmare of the bank establishment worldwide! Do all I can so customers will love us
Feb 8 • 5 tweets • 2 min read
Ok. I give up. Klarna and me will embrace crypto! More to come
Yes I know! This post will get a huge sigh and 2 views 😂
But it still feels historic. Last large fintech in the world to embrace it. Someone had to be last. And that’s a milestone as well of some sort… 🥳
Btw all crypto fans. Tell me what we should do with it? We have 85 m users worldwide. 100 bn of volume. Over 0.5 m merchants. About 30% of volume is debit not credit. Over 1 million cards.
I have some ideas but keen to hear more!
Nov 13, 2024 • 11 tweets • 3 min read
:
🚨 AI is reshaping industries faster than ever, and eCommerce is next in line 🚨
🧵 Here’s how the rise of AI agents could redefine online shopping—and why brands need to rethink their strategies NOW. 👇
1/ Chegg, an educational services company, saw its stock plummet nearly 99%—all because AI tools like ChatGPT offer similar services faster and cheaper.
Today Klarna announces an $800m financing round during the worst stock downturn and challenging macro in decades.
We are not immune to public peers being down 75-90% and hence our valuation is down on par. Here are some facts that the media might omit in reporting on this 🧵 👇
1. Klarna has been profitable for its first 14 years of existence. 2017 = 14% EBT. Our established markets currently generate 1 bn in gross profit per year.
2. Since 2019 we have invested to become US market leaders with 30 m users, 60% brand aware. and 30 of top 100 US sites
Jun 7, 2022 • 4 tweets • 1 min read
It is a great win for consumers worldwide that Apple is now embracing a better form of consumer credit.
Plagiarism is also the highest form of flattery 😉
Some more interesting dimensions of this announcement 🧵
This will accelerate the rise of REAL interest-free BNPL over traditional credit cards, which will benefit consumers massively.
As Apple embraces it, perhaps media will become more curious to understand how BNPL is meaningfully better for consumers than traditional credit cards
Nov 18, 2020 • 10 tweets • 3 min read
I svensk media målas det ofta upp en bild av att Klarna är den huvudsakliga anledningen till att skuldsättningen ökar i Sverige. Oklara avgifter & dyra delbetalningar - det är vad Klarna lever på, om man ska tro journalister och politiker. Bra att veta då:
Mindre än 3% av köp med Klarna är delbetalning. Mycket eller lite? Bedöm själv. Tydligen påstod Breakit i en livesändning nyligen att ALLA Klarnas intäkter kommer från avbetalningar, så för vissa är det här uppenbarligen en överraskning.
