Buy now, pay later provider Klarna took another step toward a U.S. listing last week, reporting progress on its transition ...

While 'buy now, pay later' provider Klarna grew to 100 million users last quarter, more of its customers are failing to repay ...

Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...

The “buy now, pay later” (BNPL) short term financing model has enjoyed a resurgence in recent years. While the concept is not new, the integration of BNPL into technology platforms and e-commerce has ...

More Klarna customers are having trouble repaying their “buy now, pay later" loans, the short-term lender said this week. The ...

Klarna says it's loss more than doubled on a year-over-year basis in Q1. Here's why Klarna's upcoming US IPO remain worth ...

Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments startup said its ...

Klarna specializes in short-term loans borrowers can pay back in instalments and often without interest. Its IPO prospectus touts a loan loss rate of 0.47% for 2024, meaning customers returned ...

The firm also has material credit risk from customers that it analyzes within seconds, but management says its credit losses in 2024 average 0.47% of GMV (Gross Merchandise Value). Klarna had an ...

Klarna's strategy has drawn some of the biggest venture capital and financial firms to become early ... improvement from the $244 million loss it reported in 2023 on $2.3 billion of revenue.