News

While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...
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 ...
Klarna’s consumer ... enforce a Biden-era rule treating BNPL providers as credit card lenders, which had required stricter protections around disclosures, customer disputes and refund processing.
Sezzle's unsustainable growth faces macro headwinds, rising defaults in the BNPL sector, and overvaluation. See why we ...
At the age of 74, Vivienne doesn't seem like your typical Klarna customer. A retiree keen on ... in life" - and she uses buy now, pay later (BNPL) finance to pay for them. The former British ...
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, ...
The loan book's large weighting to home loans and the high proportion of customer deposits reduces ... Commonwealth Bank took a stake in Klarna, has the CBA BNPL offering named StepPay, and ...