Klarna's Crypto Pivot: Swedish FinTech giant announces cryptocurrency interest ahead of $15B IPO 😳🔔; Affirm’s Q2 2025: a growth story at an inflection point as profitability finally emerges 👏😤

FinTech is Eating the World, 11 February

Hey Everyone,

Good morning & happy Tuesday! Today we’re looking into the two biggest BNPL giants - Klarna which just announced their Crypto Pivot (what it’s all about, why it matters ahead of their IPO + more bonus reads & deep dives inside), and Affirm whose Q2 2025 financials show a growth story at an inflection point (breaking down their latest numbers, what they mean & what’s next for Affirm). So let’s jump straight into the interesting stuff 🌶️

Klarna's Crypto Pivot: Swedish FinTech giant announces cryptocurrency interest ahead of $15B IPO 😳🔔

The BIG News 🗞️ Swedish FinTech leader Klarna, known for its Buy Now, Pay Later (BNPL) services, has just announced plans to integrate cryptocurrency capabilities into its platform as it prepares for a potential $15 billion IPO in April 2025.

CEO Sebastian Siemiatkowski made the announcement via social media, marking a significant shift for what he described as "the last large FinTech in the world to embrace" cryptocurrency.

Let’s take a closer look at this, see why it matters, and what’s next.