Klarna’s IPO will test if it’s more than just a one-trick ‘buy now, pay later’ pony
As Klarna gears up for its highly-anticipated initial public offering, investors will be closely scrutinizing the fintech firm’s bid to rebrand itself as an all-encompassing digital bank. The Swedish payments group has become synonymous with the buy now, pay later (BNPL) model, which allows people to split purchases into interest-free installments. However, in recent months…
