Today: 22 July 2026
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Fintech 1 April 2026 - 21 May 2026

Klarna Finally Posts a Profit After IPO — But Its Outlook Gives Wall Street a Reason to Wait

Klarna Finally Posts a Profit After IPO — But Its Outlook Gives Wall Street a Reason to Wait

Klarna Group plc finally posted a quarterly profit—the company’s first since debuting on the New York exchange—with revenue topping $1 billion. But investors didn’t get the all-clear, as management’s softer second-quarter guidance kept enthusiasm in check and signaled the post-IPO hangover isn’t over yet. Shoppers kept spending: gross merchandise volume jumped 33%, hitting $33.7 billion. The Swedish buy now, pay later outfit, which lets users split payments, continues to scale.
14 May 2026
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Ramp’s $40 Billion Funding Push Could Rewire the Corporate Card Race

Ramp’s $40 Billion Funding Push Could Rewire the Corporate Card Race

According to people familiar with the situation, Ramp is in talks to raise $750 million at a valuation topping $40 billion before the fresh capital comes in, the Wall Street Journal reported. GIC and Iconiq Capital, both existing investors, are expected to co-lead the round, which hasn’t closed yet, the report noted.
11 May 2026
SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Technologies turned in its highest-ever first-quarter revenue Wednesday, sticking with its 2026 guidance as investors gauge whether the fintech upstart can keep expanding despite tougher conditions for digital lenders. Adjusted net revenue—which strips out certain lending-related valuation shifts—climbed 41% to $1.087 billion. Net income surged to $166.7 million, more than double from a year earlier.
29 April 2026
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