More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The ...

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

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, ...

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

Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...

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.

Upstart Holdings UPST and Affirm Holdings AFRM are the two well-known names in the fintech industry. These fintech innovators are using artificial intelligence (AI) to upend traditional lending, ...

For John Williamson, co-founder and CEO of the custom song platform Songfinch, the appeal of Buy Now, Pay Later apps has been starting to wear thin. Songfinch customers looking to commission an ...

Merchants using JPMorgan Payment's Commerce Platform will be able to offer Affirm's suite of BNPL loans – including biweekly and monthly installment plans – to customers at checkout. JPMorgan began ...

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 ...