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Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Klarna continued to count more losses as its consumers failed to repay loans. In its first quarter, the Swedish “buy now, pay ...
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are preparing to pull back on spending. The company’s credit losses rose in the ...
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a year earlier.
Klarna, the Swedish “buy now, pay later” fintech company, used an AI-generated version of its CEO to deliver bad news about customer loan repayment rates. According to the press release, which was ...
An increase in deferred pay-later loans has raised alarms, as the Trump administration seeks to gut the agency tasked with ...
The Swedish fintech has been trying to shift its image from “buy now, pay later” poster child to a more all-encompassing ...
Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of ...
NEW YORK (AP) — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms ...
Facing rising costs, UK and US retailers are turning to BNPL apps like Klarna, Afterpay, Affirm and PayPal to attract ...
Swedish fintech Klarna yesterday announced that it's rolling out its first-ever debit card, in an attempt to position itself ...
Consumers are failing to make payments on their short-term loans. While Klarna, a significant player in the buy now, pay later (BNPL) space, reported that its user base continued to grow in the ...