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Top related persons:
— - 1 Sebastian Siemiatkowski's - 1 Siemiatkowski - 1 Logan Bartlett - 1 Niklas Adalberth - 1 fintech - 1 Yaron Shaer - 1 David Fock - 1
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Ugandan East Africa Uganda Kampala
Top related orgs:
Service - 1 Business - 1 Volvo Trucks - 1 African Renaissance Partners - 1 Zephyr Acorn - 1 Draper Richards Kaplan Foundation - 1

Search resuls for: "Niklas Adalberth"


3 mentions found


☆ Klarna CEO explains why it's important to give younger employees a shot at management and promote from within
  + stars: | 2024-07-06 | by ( Jaures Yip | ) www.businessinsider.com   time to read: +3 min
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhile companies have been getting stingier with promotions in recent years, Klarna CEO Sebastian Siemiatkowski's philosophy has been quite the opposite. While employees may like this sentiment of nurturing internal talent, employers have veered in the opposite direction in recent years. AdvertisementHowever, Siemiatkowski, who became a CEO at just 23, said that he thinks it's "critical" to allow younger employees to progress with the company.
Persons: —, Sebastian Siemiatkowski's, Siemiatkowski, Logan Bartlett, Niklas Adalberth, fintech, Yaron Shaer, David Fock, he's Organizations: Service, Business, Volvo Trucks
☆ Emata, a startup offering loans to farmers in East Africa, just raised $2.4 million with this 14-slide pitch deck
  + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
Emata, a Ugandan startup that provides loans to farmers in East Africa, has raised $2.4 million in funding. It's also fundamentally unfair as farmers need capital to grow but a lot of money goes to people with connections, not the best farmers." Kampala-based Emata wants to be tech first in its offering and uses WhatsApp as a loan origination platform, given its popularity in a region where cell data is at a premium. The company claims it grew 7x in 2022 and could point to strong metrics when dealing with investors having already dispersed over $1 million in loans. Funding will go towards expanding the company's tech offering and looking into new verticals.
Persons: Bram van den Bosch, It's, Klarna, Niklas Adalberth's Norrsken, Draper Richards, Marcus Boström, van den Bosch, Emata Organizations: African Renaissance Partners, Zephyr Acorn, Draper Richards Kaplan Foundation Locations: Ugandan, East Africa, Uganda, Kampala
☆ Buy-now, pay-later kingpin Klarna's valuation dropped from $45.6 billion to $6.7 billion in 2022. Its CEO wants a 'sane market' before IPO.
  + stars: | 2022-12-05 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +6 min
Buy-now, pay-later firm Klarna wants 'a sane market' before IPO. The company is losing hundreds of millions of dollars annually, but says it is reducing credit losses. Klarna took a valuation haircut to $6.7 billion and carried out two rounds of job cuts in 2022. At one time, the company was the most highly valued startup in Europe with a valuation of $45.6 billion. That plunged by 85% to just $6.5 billion as the company raised again this year in a tougher market.
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