Klarna Reports $1 Billion Loss
Swedish BNPL giant Klarna reported losses for 2022.
Klarna - page 2
Klarna to Introduce Charges for Late Payments
Swedish fintech company Klarna has announced the start of charging late payments from customers in the UK.
Klarna and Schufa Pilot BNPL Over-Indebtedness Protection Solution
BNPL fintech leader Klarna is starting a six-month pilot project with German private credit bureau Schufa for Buy Now Pay Later service customers to be better protected against over-indebtedness
Klarna to Promote Environmentally Conscious Electronic Brands
BNPL provider Klarna will provide its customers with sustainability data on their chosen brands, starting with the power-hungry consumer electronics industry
Klarna Launches Creator Platform
Connecting retailers with creators and influencers can help them reach their target markets
Fintech Solutions To Help You Get Through This Holiday Season
Holidays are coming and they pose challenges for both merchants and customers amid the ongoing economic crisis. However, fintech solutions will help all parties involved to get through the holiday shopping with flying colours
Klarna’s Shopping App Now Enriched With Comparison Engine
The BNPL leader includes a convenient price comparison tool in its one-stop shopping app
CFPB set to regulate BNPL
The Consumer Financial Protection Bureau (CFPB) is to tighten up regulation of BNPL firms with the same baseline consumer protections that work for credit cards
Klarna’s losses quadruple: investors cherish profitability over growth
BNPL giant Klarna saw its net losses nearly quadruple in the first half of 2022 driven by higher credit defaults, increased employee costs and a shift in investor sentiment
Klarna’s shopping app will track all online purchases
Klarna is updating its shopping app to allow UK consumers to view their full online order history, regardless of whether they are purchased using Klarna
Livestream Shopping: market opportunities revealed
Don’t miss out on livestream shopping opportunities: everything you need to know about this market trend
Klarna loses 85% of its value in a fresh funding round
Once Europe’s most valuable private tech company, Klarna saw its value cut by 85% after a strenuous $800m funding round
BNPL financing faces unprecedented challenges
While Apple is working on its Buy Now Pay Later solution, the booming industry itself is facing challenges unseen before
Klarna launches Virtual Shopping feature
Klarna’s Virtual Shopping tools are already live today with over 300 brands, including Levi’s, Hugo Boss, and Herman Miller
Klarna will report BNPL data to UK credit reference agencies
The company says its UK customers will soon be able to build a positive credit history by using Klarna’s BNPL products
Klarna introduced UK gambling block for direct bank-to-bank payments
Klarna has announced it is enabling banks to extend voluntary gambling blocks to open banking-driven payments powered by its subsidiary, SOFORT, helping protect UK consumers. UK-based Monzo, was the first bank to introduce a gambling block in 2018, following demand from customers who wanted help controlling their use of gambling sites. Since then most UK […]
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