Klarna’s fresh acquisition to further solidify its Super App strategy 📲; Walmart could launch their own NFTs & crypto 🤯; World’s first NFT restaurant?! 👀
Good Morning FinTech, January 18
Good day Everyone,
And happy Tuesday! I hope Monday wasn’t too rough of a start for a new week. But don’t worry, you should definitely get more excitement today because these 3 FinTech stories are super hot:
Klarna’s fresh acquisition to further solidify its Super App strategy 📲
The news 👀 Swedish-born yet global FinTech giant Klarna has just bought the securities company Dreams Securities from the savings app Dreams. The news was first revealed by Di.se , which refers to documents from the Swedish Companies Registration Office.
It is said that the deal should have been completed as early as October 15 and approved by authorities in early December. According to the newspaper, however, Klarna didn’t want to comment on their acquisition.
The USP 🥊 To put it short, Dreams is a securities business that offers investments in investment funds. Klarna savers can hence use the platform to put their money directly into different stock funds.
What does this tell us? Well, it’s clear that Klarna has some super serious ambitions for all things e-commerce and it definitely wants a bigger dent in the world of Super Apps. Here’s the takeaway👇🏼