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Block Inc

After 20 years at the helm, Klarna CEO Sebastian Siemiatkowski faces his biggest test yet: A U.S. IPO

March 31, 2025 by Admin
After 20 years at the helm, Klarna CEO Sebastian Siemiatkowski faces his biggest test yet: A U.S. IPO

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images LONDON — After 20 years in the role as Klarna’s CEO, Sebastian Siemiatkowski is about to face his toughest test yet as the financial technology firm …

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Block’s 30% plunge in February leads fintech sell-off, while Stripe shows benefit of staying private

February 28, 2025 by Admin
Block’s 30% plunge in February leads fintech sell-off, while Stripe shows benefit of staying private

Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe Inc., speaks during a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018.  Bloomberg | Bloomberg | Getty Images Stripe has once again shown …

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Here are 10 stocks that recently went public with staying power

February 17, 2025 by Admin
Here are 10 stocks that recently went public with staying power

The blessed, they are so few. That’s how I feel when I look at the crop of initial public offerings (IPOs) since 2020, a cornucopia of huge winners at the start of the decade, including Alex Karp’s Palantir, followed by a mighty fallow crop to the present. Trying furiously to …

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These are the two big things we’re watching in the stock market in the week ahead

February 17, 2025 by Admin
These are the two big things we’re watching in the stock market in the week ahead

Wall Street fought through a pair of inflation reports and more tariff headlines to post a strong week of gains. On Valentine’s Day, the S & P 500 even flirted with a fresh all-time high before ending Friday’s session with a tiny loss. For the week, the S & P …

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With Trump all-in on crypto, bitcoin bulls bet the trillions in cash on America’s corporate balance sheets are next

February 13, 2025 by Admin
With Trump all-in on crypto, bitcoin bulls bet the trillions in cash on America’s corporate balance sheets are next

Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024. Bloomberg | Bloomberg | Getty Images Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out of the …

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Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings

July 29, 2024 by Admin
Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings

In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Temu and Shein have exploded in the U.S. by going on an online marketing blitz …

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How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

July 2, 2024 by Admin
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The …

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Ahead of retail earnings, here’s what we know about the consumer so far

May 7, 2024 by Admin
Ahead of retail earnings, here’s what we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next …

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Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

April 23, 2024 by Admin
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC …

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