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USA Today
2 days ago
- Business
- USA Today
Klarna launches $40 unlimited 5G mobile plan in US
Klarna launches $40 unlimited 5G mobile plan in US Show Caption Hide Caption Expert take: Does buy now, pay later help or hurt your finances? Priya Malani, CEO of Stash Wealth, and Paula Pant, host of the Afford Anything podcast talk buy now, pay later. Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the U.S., joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany's N26 and Brazil's Nubank, have started offering mobile services in various countries as they seek to diversify their revenues. Other investors outside the fintech arena have also put money into the mobile services business such as actor Ryan Reynolds and on Monday U.S. President Donald Trump's family business also licensed its name to launch a mobile service. Klarna's mobile plan, which includes unlimited 5G calls and data for $40 per month, will use the platform provided by U.S. mobile services startup Gigs. Google-backed Gigs, which as a partnership with AT&T T.N, makes it easier for any company to become a mobile virtual network operator (MVNO) and sell mobile services to customers without owning the infrastructure that provides them. Short-term borrowing: Why 'Buy Now Pay Later' could be wrecking your financial future Klarna, which paused its plans for an initial public offering in April, has more than 25 million users in the U.S. and the fintech is increasingly choosing the country to launch new products. "Our ambition has always been to solve everyday problems ... mobile is a natural next step in building out our neobank offering," Klarna CEO Sebastian Siemiatkowski told Reuters. Most global fintechs have started a mobile service in other countries before entering the U.S., but Klarna plans to start in the U.S., its largest market, and roll out in the UK, Germany and other markets later this year. "There will be significant disruption to the MVNO market over the next two years, as enterprises try their hand at launching their own MVNO service," Juniper Research analyst Alex Webb said. "However, increased competition brings increased risk, so not all MVNO projects are likely to be successful." U.S. MVNO market size is estimated at $14.83 billion in 2025, and is expected to reach $20.84 billion by 2030, according to research firm Mordor Intelligence. Reporting by Supantha Mukherjee in Stockholm. Editing by Jane Merriman
Time of India
2 days ago
- Business
- Time of India
Fintech Klarna to launch $40 per month mobile plan in US
Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the US, joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany's N26 and Brazil's Nubank, have started offering mobile services in various countries as they seek to diversify their revenues. Other investors outside the fintech arena have also put money into the mobile services business such as actor Ryan Reynolds and on Monday US President Donald Trump's family business also licensed its name to launch a mobile service. Klarna's mobile plan, which includes unlimited 5G calls and data for $40 per month, will use the platform provided by US mobile services startup Gigs. Google-backed Gigs, which as a partnership with AT&T, makes it easier for any company to become a mobile virtual network operator (MVNO) and sell mobile services to customers without owning the infrastructure that provides them. Klarna, which paused its plans for an initial public offering in April, has more than 25 million users in the US and the fintech is increasingly choosing the country to launch new products. "Our ambition has always been to solve everyday problems ... mobile is a natural next step in building out our neobank offering," Klarna CEO Sebastian Siemiatkowski told Reuters. Most global fintechs have started a mobile service in other countries before entering the US, but Klarna plans to start in the US, its largest market, and roll out in the UK, Germany and other markets later this year. "There will be significant disruption to the MVNO market over the next two years, as enterprises try their hand at launching their own MVNO service," Juniper Research analyst Alex Webb said. "However, increased competition brings increased risk, so not all MVNO projects are likely to be successful." US MVNO market size is estimated at $14.83 billion in 2025, and is expected to reach $20.84 billion by 2030, according to research firm Mordor Intelligence.
Time of India
2 days ago
- Business
- Time of India
Fintech Klarna to launch $40 per month mobile plan in US
Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the US, joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany's N26 and Brazil's Nubank, have started offering mobile services in various countries as they seek to diversify their revenues. Other investors outside the fintech arena have also put money into the mobile services business such as actor Ryan Reynolds and on Monday US President Donald Trump's family business also licensed its name to launch a mobile service. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bank Owned Properties For Sale In Aloka (Prices May Surprise You) Foreclosed Homes | Search ads Search Now Undo Klarna's mobile plan, which includes unlimited 5G calls and data for $40 per month, will use the platform provided by US mobile services startup Gigs. Google-backed Gigs, which as a partnership with AT&T, makes it easier for any company to become a mobile virtual network operator (MVNO) and sell mobile services to customers without owning the infrastructure that provides them. Live Events Klarna, which paused its plans for an initial public offering in April, has more than 25 million users in the US and the fintech is increasingly choosing the country to launch new products. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Our ambition has always been to solve everyday problems ... mobile is a natural next step in building out our neobank offering," Klarna CEO Sebastian Siemiatkowski told Reuters. Most global fintechs have started a mobile service in other countries before entering the US, but Klarna plans to start in the US, its largest market, and roll out in the UK, Germany and other markets later this year. "There will be significant disruption to the MVNO market over the next two years, as enterprises try their hand at launching their own MVNO service," Juniper Research analyst Alex Webb said. "However, increased competition brings increased risk, so not all MVNO projects are likely to be successful." US MVNO market size is estimated at $14.83 billion in 2025, and is expected to reach $20.84 billion by 2030, according to research firm Mordor Intelligence.
Yahoo
2 days ago
- Business
- Yahoo
Fintech Klarna to launch $40 per month mobile plan in US
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the U.S., joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany's N26 and Brazil's Nubank, have started offering mobile services in various countries as they seek to diversify their revenues. Other investors outside the fintech arena have also put money into the mobile services business such as actor Ryan Reynolds and on Monday U.S. President Donald Trump's family business also licensed its name to launch a mobile service. Klarna's mobile plan, which includes unlimited 5G calls and data for $40 per month, will use the platform provided by U.S. mobile services startup Gigs. Google-backed Gigs, which as a partnership with AT&T, makes it easier for any company to become a mobile virtual network operator (MVNO) and sell mobile services to customers without owning the infrastructure that provides them. Klarna, which paused its plans for an initial public offering in April, has more than 25 million users in the U.S. and the fintech is increasingly choosing the country to launch new products. "Our ambition has always been to solve everyday problems ... mobile is a natural next step in building out our neobank offering," Klarna CEO Sebastian Siemiatkowski told Reuters. Most global fintechs have started a mobile service in other countries before entering the U.S., but Klarna plans to start in the U.S., its largest market, and roll out in the UK, Germany and other markets later this year. "There will be significant disruption to the MVNO market over the next two years, as enterprises try their hand at launching their own MVNO service," Juniper Research analyst Alex Webb said. "However, increased competition brings increased risk, so not all MVNO projects are likely to be successful." U.S. MVNO market size is estimated at $14.83 billion in 2025, and is expected to reach $20.84 billion by 2030, according to research firm Mordor Intelligence.
Yahoo
2 days ago
- Business
- Yahoo
Fintech Klarna to launch $40 per month mobile plan in US
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the U.S., joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany's N26 and Brazil's Nubank, have started offering mobile services in various countries as they seek to diversify their revenues. Other investors outside the fintech arena have also put money into the mobile services business such as actor Ryan Reynolds and on Monday U.S. President Donald Trump's family business also licensed its name to launch a mobile service. Klarna's mobile plan, which includes unlimited 5G calls and data for $40 per month, will use the platform provided by U.S. mobile services startup Gigs. Google-backed Gigs, which as a partnership with AT&T, makes it easier for any company to become a mobile virtual network operator (MVNO) and sell mobile services to customers without owning the infrastructure that provides them. Klarna, which paused its plans for an initial public offering in April, has more than 25 million users in the U.S. and the fintech is increasingly choosing the country to launch new products. "Our ambition has always been to solve everyday problems ... mobile is a natural next step in building out our neobank offering," Klarna CEO Sebastian Siemiatkowski told Reuters. Most global fintechs have started a mobile service in other countries before entering the U.S., but Klarna plans to start in the U.S., its largest market, and roll out in the UK, Germany and other markets later this year. "There will be significant disruption to the MVNO market over the next two years, as enterprises try their hand at launching their own MVNO service," Juniper Research analyst Alex Webb said. "However, increased competition brings increased risk, so not all MVNO projects are likely to be successful." U.S. MVNO market size is estimated at $14.83 billion in 2025, and is expected to reach $20.84 billion by 2030, according to research firm Mordor Intelligence. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
