The Latest Breaking News from Klarna

The company's dealing with competition, public scrutiny, and stingier shoppers.

With Apple set to enter the market and shrinking appetite for tech stocks the future looks less rosy for buy now, pay later firm

Money Saving Expert criticised the 'painfully slow' process to regulate the buy now, pay later schemes that has thrown many young people into debt - firms such as Klarna, Laybuy and Clearpay became popular during the pandemic.

The fashion brand is not paying buyers back – but big finance firms say they will return cash

Students are turning to payment apps such as Klarna or food banks to make ends meet says NUS.

Calls to regulate the booming “buy now, pay later” (BNPL) industry have not deterred big brands like Apple and Amazon from the idea of offering consumers an interest-free, no-fee way to spread payments for purchases. Apple cited “users’ financial health” when it announced this new feature, but research shows financially…

Apple's Pay Later service comes as competitors like Klarna and Afterpay face scrutiny and lawsuits for leading young customers into debt

People using buy now, pay later schemes will see changes on their credit file.

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