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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 says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
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.
While 'buy now, pay later' provider Klarna grew to 100 million users last quarter, more of its customers are failing to repay ...
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's CEO leans into his company's image, using an AI doppelganger to deliver earnings highlights
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 ...
While Klarna, a significant player in the buy now, pay later (BNPL) space, reported that its user base continued to grow in the first quarter, its losses ... give them more financial flexibility ...
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 ...
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