By embedding A.I. across the business, we’ve now hit a major milestone: $1 million in revenue per employee, up from $369,000 ...

The fintech said AI adoption "continues to deliver significant, tangible results" as second-quarter sales grew 20% ...

In recent weeks, both OpenAI LLC and Amazon Web Services have made significant announcements related to AI agents. Read more ...

This was supposed to be the summer Sebastian Siemiatkowski hit the jackpot. The founder of Klarna Group Plc, a 20-year-old financial-technology company from Sweden, had planned an initial public ...

However, Klarna stated that credit losses for the period declined to 0.56% of gross merchandise volume (GMV) – which ...

The BNPL giant says consumer defaults ebbed and active users surged in the second quarter as the company ponders when to go ...

This helped offset revenue growth of 20 per cent to $824m taking losses for the three months ending June to $53m. This was up ...

Klarna reported a wider net loss in the second quarter as the buy now, pay later company gears up for its long-awaited New ...

Klarna posted a wider quarterly loss despite another jump in revenue, as the buy-now-pay-later group set aside more money for ...

As more Canadian companies appear to be replacing employees with AI, some experts say the tools aren’t always more productive.

Flexible payments provider Klarna has secured a US$26bn scale-up financing deal with investment firm Nelnet for continued ...

Such purchases are often the subject of derision. Paying for lunch in instalments is, to some, consumerism at its most ...