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The increased failure to repay comes on the back of gloomy economic sentiment in the US, where a closely watched measure of ...
While 'buy now, pay later' provider Klarna grew to 100 million users last quarter, more of its customers are failing to repay ...
The buy now, pay later provider surpassed 100 million users globally this year, but also reported widening consumer credit ...
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Klarna uses an AI doppelganger of CEO Sebastian Siemiatkowski to deliver quarterly earnings, and says it "streamlined" ...
No, Klarna is not going bankrupt. In fact, a Klarna spokesperson told The Tab the company is actually very “financially ...
Klarna also stated that customer credit losses have skyrocketed to $136 million (£101.27 million), equivalent to a 17% ...
Klarna unveiled a widening net loss this week and revealed it's consumer credit losses are on the up. What on earth is going ...
NEW YORK — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said ...
Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Klarna’s net loss more than doubled in the first quarter as more consumers failed to repay loans from the ...
Klarna just announced its first quarter 2025 financial results ... it’s also doubled its net losses from $47 million in Q1 2024 to $99 million in Q1 2025. One factor driving the spike in ...
Its credit losses, when a borrower defaults on a loan, reached 17%. Consumers have continually leaned on companies such as Klarna, Affirm and Afterpay to give them more financial flexibility in ...
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