Siemiatkowski, CEO of Klarna, is discussing the future of the company after its evaluation of $ 19.5 billion, Wall Street for the first time on “Campan County”.
CEO clear Sebastian Simiakovsky said it was a “very special” moment after the company got a rating of $ 19.5 billion after its launch on Wednesday.
shares Buy now-lounge The company increased more than 30 % on Wednesday due to the company raising $ 1.37 billion in its first year offering. The stock opened at $ 52 per share, which was higher than the expected prices of $ 40.
“It is a great marketing opportunity,” said Simiakovsky. “In the United States, there was a demand for a substitute for credit cards. People are tired of getting debt, tired of the high interest rates they received and want a better product.”
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The CEO of the company referred to a previous study that found that 20 % of American families are financially well -working, but the feeling of credit cards is “the product of Satan”.
“They want a fixed product in fixed installments, ease of use, and they can sometimes use a little credit for zero percent to pay something on the batch, and that twenty percent is the one that we repent.”
Simiakovsky said that Clarna has become a product that many people use for “daily purchases.”
Sebastian Simiakovsky, CEO of Clarna Holding Company AB, at the IFGS 2022 in Guildhall in London in 2022. (Getty Images / Getty Images)
The company that operates a visa Discount card He has 5 million people on the waiting list.
“If we reach five million, then this will make us one of the largest cards in the United States already,” said host Liz Kalaman. “Therefore, it’s an interesting start for something we launched six weeks ago.”
Simiakovsky explained that American merchants are pushing a lot to accept credit cards and give them Clarna as an alternative.
“We offer this to merchants and they in itself offer this to consumers. Therefore, merchants pay for this because they see that they are given the interest -free credit persons, they increase their sales.”
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Siemiatkowski touched on his modest beginnings and inspiration that led him to follow entrepreneurship.
“If you do something good for your customers, you create a great value for society, so it is inspiring,” he said.
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