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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.
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 ...
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 ...
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 ...
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 ...
The six largest BNPL providers — Affirm, Afterpay, Klarna, PayPal, Sezzle, and Zip — originated about 277.3 million loans for $33.8 billion in merchandise in 2022, or an amount equal to about ...
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 ...
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% ...
DoorDash has announced a partnership with Klarna that will allow customers in the United States to use buy now, pay later (BNPL) options for takeout and grocery deliveries. Klarna is known for its ...
Investors can't buy Klarna yet but should watch market and IPO developments. Klarna's BNPL and AI technology position it as a key player in fintech innovation. Investor Alert: Our 10 best stocks ...
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