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Pay Later (BNPL) services have been growing in popularity in recent years as a means for consumers to spread out the impact ...
The CEO of Klarna warns AI could lead to a global recession & mass job losses, especially in white-collar roles.
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Buy now, pay later services have exploded in the last decade and industry titan Klarna has spearheaded growth. The global ...
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a ...
The move to go public is a game-changer, and it directly challenges Affirm's position in the U.S., where Klarna will be vying for a bigger slice of the BNPL pie alongside Affirm and Block's Afterpay.
BNPL is also contending with challenges in demonstrating value to mass consumers.” As TechCrunch noted in July, Klarna’s valuation dropped from a peak of $45.6 billion in 2021 to just $6.7 ...
The timing coincides with broader economic challenges — U.S. consumer ... The six largest BNPL companies — Affirm, Afterpay, Klarna, PayPal, Sezzle, and Zip — issued more than 277 million ...