News

As BNPL giant Klarna signs on more customers, more could struggle to repay loans in a slowing economy
While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...
AOL7d
As BNPL giant Klarna signs on more customers, more could struggle to repay loans in a slowing economy
However, a company spokesperson said they rose because Klarna made more loans, not because the company’s customer base or the economy worsened. Klarna does not charge interest on its short-term ...
Klarna's losses double as more buy now, pay later customers struggle with loans
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...
Buy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt rises
Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...
The Jakarta Post2d
Spending on the rise, savings strain: Indonesia's financial tightrope
Domestic economic pressures, driven by inflation and the rising cost of living, continue to weigh heavily on household ...
NBC News8d
Buy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt rises
Industrywide, BNPL borrowers are increasingly falling behind ... which had required stricter protections around disclosures, customer disputes and refund processing. The rule had been issued ...
High Balances and Delinquencies: Gen Z's Toxic Relationship With Credit Cards
Generation Z is adopting credit cards earlier and using them more aggressively than previous generations. But its use of ...
Forbes29d
Integrating Digital Payments: A Strategic Imperative For Small Business Resilience
From mobile wallets and QR codes to Buy Now, Pay Later (BNPL) and AI-powered fraud prevention ... Digital payments simplify operations beyond customer convenience. Automation reduces manual ...