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BNPL providers promote the plans as a safer alternative to traditional credit cards when interest rates are high. The ...
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 ...
Still, for BNPL providers like Klarna, it’s not a bad time to be in the business. A report from Grand View Research found the U.S. BNPL market is expected to see a 26.1% annual compound growth ...
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 ...
Swedish buy-now-pay-later (BNPL) giant Klarna has hit a roadblock in its highly anticipated journey to go public. Last month, the fintech powerhouse formally applied with the Securities and ...
A social media campaign targeted those who were “waiting for salary” or “never have cash,” positioning deferred payments as a solution to daily financial struggles ... BNPL’s explosive growth has been ...
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 ...
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 ...
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