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  • Klarna’s losses worsen as provisions jump ahead of IPO

    Fintech

    Buy now, pay later giant Klarna reported a surge in losses for the second quarter as provisions for possible bad loans climbed higher. The Swedish fintech unicorn posted a 64 per cent jump in provisions to $174m (£128m), up from $106m for the same period in 2024. This helped offset revenue growth of 20 per [...]

    Klarna's IPO went live on Wednesday.
  • Currensea: Travel card fintech targets overseas growth after bumper summer

    Fintech

    Travel debit card start-up Currensea is targeting overseas markets for its next phase of growth after a rebound in holiday demand helped the fintech grow its user base by a third this summer.

    Person paying taxes online on a laptop at a beach, illustrating UK tax obligations despite living abroad

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