Banking

Klarna Secures Deal with Hedge Fund Elliott, Freeing Up £30 Billion for Global Expansion

October 2024 Klarna, the global leader in Buy Now, Pay Later (BNPL) services, has announced a strategic deal to sell a significant portion of its UK loan book to a subsidiary of the US hedge fund Elliott Investment Management. This transaction is set to free up as much as £30 billion, which will be redirected […]