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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.
Klarna had a bruising start to the year as losses widened and with its IPO stalling, questions are being raised about the ...
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 ...
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a ...
Complaints filed by New York State residents with the Consumer Financial Protection Bureau over the past three years include ...
The firm cited economic challenges, such as inflation ... A spokesperson for Klarna said: “Interest-free BNPL is an important alternative to high-cost credit for millions of Brits and we ...
For example, Klarna in March partnered with food ... "But if you get a bunch of different BNPL loans, it can be a challenge to manage them. That's especially true if you're on a tight budget ...