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Bloomberg reports Apple will launch a leasing program called Apple Upgrade in the U.S. on July 28. iPhone and Apple Watch leases would run 24 months, with Mac and iPad leases at 36 months.
Apple is reportedly preparing to launch a leasing program in partnership with Klarna. That's according to a report Tuesday (July 21) from Bloomberg News, which calls the Apple Upgrade service one of the largest-ever changes to how Apple sells its products.
Sixteen Nobel laureates just signed a letter that puts two of AI's most prominent skeptics in the same camp as Silicon Valley's biggest boosters, and the economists behind it say society may have only a few years to respond.
Apple is reportedly teaming up with deferred payment processor Klarna to launch a new lease-to-own program for its devices.
Baader Bank Aktiengesellschaft purchased a new position in shares of Klarna Group plc (NYSE: KLAR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 150,000 shares of the company's stock, valued at approximately $1,964,000. A number of other institutional investors have also
Amova Asset Management Americas Inc. lifted its position in shares of Klarna Group plc (NYSE: KLAR) by 57.8% in the undefined quarter, according to its most recent 13F filing with the SEC. The firm owned 1,198,554 shares of the company's stock after acquiring an additional 438,930 shares during the quarter. Amova Asset Management
NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, has completed a $518 million Significant Risk Transfer, freeing up capital to support strong consumer demand for its products. The 3-year agreement supports $12 billion in additional lending and forms part of Klarna's wider capital-efficiency program, which pairs SRTs with forward-flow and warehouse financing to support growth in a capital-lighter way. The transaction is the second SRT Klarna has complete.
Klarna benefits from maturing Fair Financing cohorts, low-cost deposit funding, richer net interest income, and prudent risk underwriting, supporting transaction margin dollar expansion. These have contributed to their successful acquisition strategy, as observed in the accelerating GMV growth and the expanding active customer base with higher frequency. KLAR's recent bottoming has provided a trading floor, with the cheap price/sales of 1.65x coming with robust top-line growth prospects at a 3Y CAGR of +21.4%.
SEC filings for KLAR aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.