Klarna, a Swedish payments unicorn, wants to conquer America
The “buy now, pay later” firm has grown rapidly
“AS A CHILD, when you see your parents struggling, it creates a drive,” says Sebastian Siemiatkowski, the chief executive and co-founder of Klarna, an online-payment-processing firm. His family moved to Sweden from Poland in 1981, the year he was born; his university-educated father was unemployed for long spells or just got by behind the wheel of a cab. The experience nurtured a strong ambition “to fix the economy for the family”.
This article appeared in the Finance & economics section of the print edition under the headline “Smooth shopping”
Finance & economics November 14th 2020
- What a vaccine means for America’s economy
- News of an effective vaccine injects optimism into markets
- Could the vaccine help ailing emerging-market shares?
- Demand for American grain is surging
- Will Turkey’s new economic officials win over investors?
- Klarna, a Swedish payments unicorn, wants to conquer America
- Why relations between economists and epidemiologists have been testy
From the November 14th 2020 edition
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