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Finance

Payments giant Adyen reports 21% jump in third-quarter sales

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company's market capitalization .Pavlo Gonchar |...

Technology

Affirm expands buy now, pay later service to the UK, heating up local competition

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada.Vaughn Ridley...

Finance

Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesA European...

Finance

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI's Sora AI tool allows users to create AI-generated videos from text-based inputs.Costfoto | Nurphoto | Getty ImagesOpenAI CFO Sarah Friar is looking to...

Finance

Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores

"Buy-now, pay-later" firm Klarna aims to return to profit by summer 2023.Jakub Porzycki | NurPhoto | Getty ImagesSwedish firm Klarna is partnering up with...

Finance

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

Justin Sullivan | etty ImagesThe U.S. Justice Department on Tuesday sued Visa, the world's biggest payments network, saying it propped up an illegal monopoly...

Finance

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Zilch CEO Phil Belamant.ZilchBritish financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as...

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