News Summary

• Sebastian Siemiatkowski, co-founder and chief executive of the buy now, pay later giant, said he was trying to be more “honest” on the topic than others in his position.
• Klarna launched its shares on the New York Stock Exchange last month in what was one of the biggest flotations to occur this year.
• The 20-year old business says it is used by some 111 million customers globally, with its flexible payment options offered by retailers at checkouts including John Lewis, Asos, Argos, Ticketmaster and Booking.com.