While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are ...

Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a ...

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 customers ... enforce a Biden-era rule treating BNPL providers as credit card lenders, which had required stricter protections around disclosures, customer disputes and refund processing.

The company has also suffered from an internal power struggle whereby third-largest ... Critics also argue that BNPL schemes like Klarna encourage overspending by manipulating customer psychology, ...

Upstart focuses on AI-driven personal loans, while Affirm is best known for its "buy now, pay later" (BNPL) model. Both target similar customer ... that legacy lenders struggle to match.

With its much-anticipated IPO on standby, preeminent BNPL firm Klarna announced it has crossed the 100 million-user mark on Monday. That sounds nice, but the increased user base has come coupled with ...