Reported 3 days ago
Klarna's CEO, Sebastian Siemiatkowski, is navigating a turbulent month as the company prepares for its IPO while competing fiercely against rival Affirm. After securing a notable deal with Walmart that put pressure on Affirm's stocks, Klarna is gaining traction in the U.S. market. However, this deal, combined with a recent partnership with DoorDash, has drawn both attention and criticism, raising questions about the sustainability of Klarna's growth strategies amid rising competition in the buy now, pay later sector.
Source: YAHOO