Extension of Section 75 protections to BNPL agreements Providers will be jointly liable for qualifying claims, requiring clear merchant oversight, governance controls, and capital planning to manage ...

Buy now, pay later payment processing services let retailers offer short-term installment loans at the time of purchase, ...

Sezzle's unsustainable growth faces macro headwinds, rising defaults in the BNPL sector, and overvaluation. See why we ...

More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The ...

Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...

In February 2024, Klarna announced that its OpenAI-powered AI customer service agents could ... about the potential for overspending under BNPL services. Under the Biden administration, the ...

The company has also suffered from an internal power struggle whereby third-largest ... Critics also argue that BNPL schemes like Klarna encourage overspending by manipulating customer psychology, ...

While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...

However, a company spokesperson said they rose because Klarna made more loans, not because the company’s customer base or the economy worsened. Klarna does not charge interest on its short-term ...