As Swedish fintech giant Klarna prepares for its IPO this week, investors are closely watching to see if the company can successfully convince the market that it is more than just a “buy now, pay later” firm that finances shopping sprees and food deliveries for Americans with bad credit.
CNBC reports that Klarna, a household name in the world of fintech, has long been synonymous with the buy now, pay later (BNPL) model, which allows consumers to split their purchases into interest-free installments. However, as the company edges closer to its highly anticipated IPO, it faces a crucial test: proving to investors that it is more than just a…
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