Tag: Block
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Shortsellers Vs Jack Dorsey’s Fintech Block!
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Shares of Jack Dorsey’s Fintech Block plunged about 18% this week after short-seller Hindenburg Research accused the company of systematically facilitating fraud and violate regulatory rules.
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Klarna CEO Welcomes Apple’s Entry Into Buy-Now-Pay- Later!
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Klarna CEO Sebastian Siemiatkowski called the entry of Apple into the Buy-Now-Pay-Later space is an “amazing” development that underlines the value of the business model. He added that the business model itself is “extremely recession-proof” because it relies on smaller balances for consumers and has an underwriting structure that is…