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18min chapter
872. News: Klarna sells Checkout, NatWest buys Sainsbury's Bank, and Revolut is worth how much!?
Fintech Insider Podcast by 11:FS
Klarna's Sale of Checkout Business and NatWest's Acquisitions
The chapter focuses on Klarna's decision to sell its checkout business to a consortium led by investor Kamjar Hajabdolahi, emphasizing the move's impact on eliminating internal conflicts and enhancing their buy now, pay later service. It also delves into NatWest's acquisitions, including the purchase of Sainsbury's Bank, detailing the consolidation trend in the banking sector and challenges faced by traditional brands in attracting customers amidst competition from digital banks like Monzo and Revolut.
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