We’ve spent so much time the past several years obsessing about how mobile proximity payments would be deployed in the U.S. and the rest of the developed world. Now we know. This week, Apple Pay celebrates the first anniversary of its launch, and a new generation of payment-enabled iPhones will be announced. Later this month, […]


Earlier today, Sweden’s Klarna AB announced an investment – indeed, a majority investment, by Menlo Park’s Sequoia Capital – and that Sequoia’s Michael Moritz has joined the board of Klarna. Talk about coming out of “left field”! A Sequoia investment – especially when led by Moritz (famous for his early investments Yahoo!, PayPal, Google and […]

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