Klarna was once Europe’s most valuable startup. It offers buy now, pay later credit for about 150 million shoppers globally looking to spread the cost of online purchases. The company has targeted expansion in the US after raising $800 million last year. That process saw its valuation slashed to $6.7 billion from about $45.6 billion as inflation and higher rates pressured its business model. CEO Sebastian Siemiatkowski joined Bloomberg's Caroline Hepker, Tom Mackenzie and Leigh-Ann Gerrans to discuss everything from the investment landscape to how AI is changing the business.

<p>Klarna was once Europe’s most valuable startup. It offers buy now, pay later credit for about 150 million shoppers globally looking to spread the cost of online purchases. The company has targeted expansion in the US after raising $800 million last year. That process saw its valuation slashed to $6.7 billion from about $45.6 billion as inflation and higher rates pressured its business model. CEO Sebastian Siemiatkowski joined Bloomberg's Caroline Hepker, Tom Mackenzie and Leigh-Ann Gerrans to discuss everything from the investment landscape to how AI is changing the business.</p>

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.

<p>Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.</p>

Bloomberg Daybreak: Europe Edition

Sunday Interview: The CEO Of Klarna On Growth And Opportunity

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/26f8400e-dac4-4e59-8155-b00e00d49fd1/transcript

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