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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 ...
An increase in deferred pay-later loans has raised alarms, as the Trump administration seeks to gut the agency tasked with ...
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.
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 ...
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 ...
On Reddit, Klarna customers discussed why they haven’t repaid their “buy now, pay later” loans. Many said their defaulted loans haven’t been reported to the credit bureaus. “They just ...
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 ...
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 ...
Swedish fintech Klarna yesterday announced that it's rolling out its first-ever debit card, in an attempt to position itself ...
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GlobalData on MSNRetailers turn to BNPL apps to ease cost-of-living strainFacing rising costs, UK and US retailers are turning to BNPL apps like Klarna, Afterpay, Affirm and PayPal to attract ...
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