Lebanese-Nigerian businessman Bassim Haydar. (Photo published on the website of his personal company, BH Holdings)
On Sept. 10, Klarna, the Swedish company specializing in deferred payment, made its debut on the New York Stock Exchange, with the company’s shares opening 30 per cent above their offering price, valuing the company at $19.65 billion. The amount raised during the Swedish fintech's IPO—$1.37 billion—is still the largest of 2025. Behind this stock market success is Lebanese-Nigerian Bassim Haydar who, after investing in health care, fashion, and artificial intelligence, is now betting on the online payment sector.Founded in 2005, Klarna has gradually established itself as an alternative to credit cards, and today is the second-largest deferred payment company by market capitalization, behind American firm Affirm. More big shots in the diaspora Nadra Moussalem: The French-Lebanese investor blending finance and art Klarna’s market...
On Sept. 10, Klarna, the Swedish company specializing in deferred payment, made its debut on the New York Stock Exchange, with the company’s shares opening 30 per cent above their offering price, valuing the company at $19.65 billion. The amount raised during the Swedish fintech's IPO—$1.37 billion—is still the largest of 2025. Behind this stock market success is Lebanese-Nigerian Bassim Haydar who, after investing in health care, fashion, and artificial intelligence, is now betting on the online payment sector.Founded in 2005, Klarna has gradually established itself as an alternative to credit cards, and today is the second-largest deferred payment company by market capitalization, behind American firm Affirm. More big shots in the diaspora Nadra Moussalem: The French-Lebanese investor blending finance and art Klarna’s...
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