Klarna is taking a big step towards becoming the leading European payments provider and rival to US groups such as PayPal, Visa and MasterCard as the Swedish start-up pays more than €150m to acquire a German rival.
Klarna, which allows … Read the rest
by Ilana Mercer
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The following is the conclusion of my conversation with Benn Steil. (Read part 1.) Dr. Steil is senior fellow and director of international economics at
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The 56-year-old Pennsylvania man received an online money transfer from PayPal on Friday, making his balance more than $92 quadrillion. Reynolds, who spends around $100 per month on the site, was shocked.
“I’m just feeling like a million bucks,” Reynolds … Read the rest