Shareholders have to approve Mikael Walther’s removal as the Swedish fintech prepares for possible IPO
There are still plenty of reasons to be cautious, however
Turmoil comes months after previous boardroom spat over chair Michael Moritz and ahead of long-awaited IPO
Chief executive of buy now, pay later group heralds benefits of the technology as it narrows quarterly loss
Morgan Stanley, JPMorgan and Goldman Sachs set to secure top roles on fintech’s potential offering
Net losses at buy now, pay later specialist have more than halved
Venture group that backed Northvolt secures new money from institutions such as Credit Suisse and BMW’s pension fund
More firms may be seeking listings in the next year
Jacobsson used right of first refusal to buy company stock and used veto rights to exercise influence despite leaving in 2012
The company needs to convince investors that it doesn’t need its star executives to thrive
Revenues at Swedish fintech climb as group sticks to expansion plan
Tension between past and present leaders of Silicon Valley’s premier venture group have spilled into the open
Silicon Valley VC firm says it fully supports its former partner ‘upon a fuller assessment’
Plus, a UK electronics retailer sparks a cross-border bidding war and meet the auditors that signed off on China Evergrande
Discontent over governance puts pressure on CEO of buy now, pay later pioneer as it prepares for IPO
Swedish ‘buy now, pay later’ group sets up UK company to go along with its Swedish banking licence
Swedish ‘buy now, pay later’ pioneer posts profitable month for first time in three years
Buy now, pay later pioneer says it expects to be profitable again by end of year
Swedish fintech says it is on track to return to profit this year
Once-flying Swedish payments group is trying to turn things round by laying off staff and tightening lending
Venture capital fundraising hit a record-high. Now, the bonanza is over. What does that mean for the future of start-ups?
Plus, African and Latin American fintechs have lessons for the US and EU
Claims to superior credit judgment are so much hot air until tested by a few tough years of trading
Swedish group’s falling valuation highlights problems facing buy now, pay later sector
Digital companies that boomed during lockdowns hit by fears they cannot withstand a recession
