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Buy now, pay later payment processing services let retailers offer short-term installment loans at the time of purchase, ...
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 ...
Our credit loss performance improved by 46% YoY, reflecting improvements in the precision and accuracy of our models. Credit losses as a % of GMV reduced 56% YoY, highlighting how Klarna continues ...
A growing number of consumers are falling behind on Buy Now, Pay Later (BNPL) payments, raising concerns about the financial ...
From leading fintechs such as Monzo, Revolut, and Klarna to global giants such ... growing by 50 per cent to £682.2m, Starling’s financial performance has positioned it well for a public ...
Sebastian Siemiatkowski, Klarna’s chief executive and co-founder, told the Financial Times he was ... is facing up to one of the biggest challenges in its 17-year history as its losses shoot ...
Simply sign up to the Financial services myFT Digest -- delivered directly to your inbox. Klarna has been fined $50mn and reprimanded by Sweden’s financial regulator for breaking anti-money ...
Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Klarna.
Swedish online payments provider Klarna is taking on traditional banks after being granted a full banking licence by Finansinspektionen, the Swedish Financial Supervisory Authority. The financial ...