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Klarna continued to count more losses as its consumers failed to repay loans. In its first quarter, the Swedish “buy now, pay ...
The increased failure to repay comes on the back of gloomy economic sentiment in the US, where a closely watched measure of ...
No, Klarna is not going bankrupt. In fact, a Klarna spokesperson told The Tab the company is actually very “financially ...
Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be ...
While 'buy now, pay later' provider Klarna grew to 100 million users last quarter, more of its customers are failing to repay ...
Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...
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 ...
But the urge to find out where the economy is heading before definitive findings is a powerful one. Retail sales, commentary ...
Klarna unveiled a widening net loss this week and revealed it's consumer credit losses are on the up. What on earth is going ...
which its Q1 financial report said is "driven by the accelerated expansion of Pay Later and Fair Financing products." Klarna's first quarter saw a 17% year-on-year increase in credit losses from $ ...
Buy now, pay later plans through companies like Affirm, Afterpay and Klarna generally let consumers split payments for ...