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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 believes reporting positive repayment rates could lower scores under current models. BNPL providers face operational challenges in reporting data, including handling disputes and ensuring ...
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 brief: The danger faced by buy now, pay later companies is when customers don't adhere to the "pay later" part. It's a problem being faced by industry giant Klarna, which saw its net losses ...
Klarna’s consumer credit losses swelled 17% in the first quarter from the same period a year earlier, hitting $136 million. Industrywide, BNPL borrowers are increasingly falling behind on their ...
Affirm Holdings (NASDAQ:AFRM) took a 9.5% hit at 9.31am today after Klarna filed for its U.S. IPO, ramping up the pressure in the already competitive buy now, pay later (BNPL) space. Klarna's ...
Usage of BNPL services surged during the pandemic, helping drive an online shopping boom. The pact with DoorDash marks a "milestone in Klarna's expansion into everyday spending categories," David ...
DoorDash has teamed up with Swedish fintech company Klarna to introduce buy-now-pay-later (BNPL) options for food deliveries. This partnership allows customers to split their payments into four ...
The announcement has struck many as downright dystopian and has led to warnings about the predatory practices of BNPL apps. People can now use Klarna for their DoorDash orders as the BNPL firm ...
The Swedish buy now, pay later company Klarna Group will unseat Affirm Holdings ... the company said in an SEC filing Monday. The BNPL provider noted that sales through Walmart were about 5% ...
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