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The increased failure to repay comes on the back of gloomy economic sentiment in the US, where a closely watched measure of ...
Klarna's net losses for the first quarter reached $99 million, almost double the $47 million it lost during the same period a year earlier.
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
NEW YORK — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said ...
Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments startup said its ...
Klarna just announced its first quarter 2025 financial results ... it’s also doubled its net losses from $47 million in Q1 2024 to $99 million in Q1 2025. One factor driving the spike in ...
Klarna's consumer credit losses have also jumped, which its Q1 financial report said is "driven by the accelerated expansion of Pay Later and Fair Financing products." Klarna's first quarter saw a ...