Klarna chairman sent a stark post-IPO message to CEO: 'We're 10 years behind Revolut'

At Klarna's big employee conference last week in Stockholm, CEO Sebastian Siemiatkowski swapped spreadsheets for a rap performance and then confronted a sobering reality. Even as Klarna basks in its $15 billion IPO, chairman Michael Moritz warned staff of a rival: "We are 10 years behind Revolut." The Swedish fintech gathered about 3,000 employees in Stockholm for the convention, which featured keynote speeches, workshops, and team-building activities aimed at celebrating the company's recent milestones an ...