News

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 ...
Buy now, pay later plans generally let consumers split payments for purchases into four or fewer installments, often with a ...
Klarna unveiled a widening net loss this week and revealed it's consumer credit losses are on the up. What on earth is going ...
Klarna uses an AI doppelganger of CEO Sebastian Siemiatkowski to deliver quarterly earnings, and says it "streamlined" ...
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 ...
Earlier this week, the Consumer Financial Protection Bureau said it will stop enforcing a Biden-era rule that complicated compliance for BNPL providers, in what was largely viewed as a win for ...
Robyn Speelman, marketing operations lead at Buy Now Pay Later (BNPL) provider, PayJustNow, sees the same trend in their 2.6 million customer base. She says millennial moms are using flexible ...
The biggest BNPL providers include Klarna, Affirm, Afterpay and Sezzle, but other banks, tech companies and financial services providers, such as Amazon and PayPal, have also entered the market ...
Several CFPB rules are on the chopping block. The language of Tuesday's BNPL release mirrors that of an April 30 announcement where the CFPB said it wouldn't prioritize the enforcement of another ...