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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 ...
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 ...
No, Klarna is not going bankrupt. In fact, a Klarna spokesperson told The Tab the company is actually very “financially ...
Pay Later lenders tout predictable payments and zero interest on purchases for those who don’t want to — or can’t — use a ...
Klarna uses an AI doppelganger of CEO Sebastian Siemiatkowski to deliver quarterly earnings, and says it "streamlined" ...
Klarna also stated that customer credit losses have skyrocketed to $136 million (£101.27 million), equivalent to a 17% ...
Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL ...
Swedish buy-now-pay-later company Klarna, whose CEO once bragged about replacing workers with AI, is now in deep trouble.
Klarna unveiled a widening net loss this week and revealed it's consumer credit losses are on the up. What on earth is going ...
The buy now, pay later provider surpassed 100 million users globally this year, but also reported widening consumer credit ...