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NEW YORK — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said ...
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Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...
But the urge to find out where the economy is heading before definitive findings is a powerful one. Retail sales, commentary from big box companies, and debt loads all contribute to an understanding ...
Klarna unveiled a widening net loss this week and revealed it's consumer credit losses are on the up. What on earth is going ...
Some find this concerning because the users of this payment method tend to be less economically secure – in fact, the CFPB found in 2022 that about two-thirds of BNPL users have subprime or deep ...
Third-party providers: Amazon supports outside BNPL providers like Zip, Affirm and Klarna. Here are some ways that using any of these services could impact your budget for better or worse.
Yet beneath this appealing surface lurks a potential credit catastrophe waiting to happen. As BNPL services like Affirm, Klarna, and Afterpay continue their explosive growth, many consumers remain ...
Adoption is soaring. Merchants are happy. Consumers are coming back. But as BNPL matures, so does the conversation around how to protect it—not just from fraud, but from the kind of inefficiencies and ...
A year ago, Klarna CEO Sebastian Siemiatkowski boasted in a letter to shareholders that the BNPL giant's AI assistant was performing the work of 700 employees. At the time, the company revealed ...