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Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Complaints filed by New York State residents with the Consumer Financial Protection Bureau over the past three years include ...
It's a funny thing about initial public offerings. Historically, executives at fledgling IPOs believe the best time to launch a new public offering is when economies are stable and the ...
After several quiet years, it appears that 2025 may be the year that the U.S. market finally sees a flurry of fintech IPOs.
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Right now, it’s tough to chronicle the total amount of debt out there since they don’t report all of their data to the major ...
But the urge to find out where the economy is heading before definitive findings is a powerful one. Retail sales, commentary ...
Klarna's CEO Says AI Can Take Over All Jobs, Including His Own. According to Klarna's first quarter 2025 results, the company ...
Buy now, pay later plans generally let consumers split payments for purchases into four or fewer installments, often with a down payment at checkout. The loans are typically marketed as zero-interest, ...
The Sweden-based fintech company has reportedly had a loss of $99 million in Q1 2025, according to Tip Ranks. In comparison, it saw a loss of $47 million in Q1 2024. There are several reasons for this ...
A financial update from Stockholm-headquartered ... of its latest first quarter earnings update, Klarna revealed that its consumer credit losses had risen to $136million, or around £101million ...
Klarna reportedly doubles its net loss, claiming $136 in debt as consumers fail to pay back loans, and after its CEO bragged ...