Klarna
Crackdown on BNPL looms as consultation is launched
Buy now pay later (BNPL) borrowing can be like slipping into quicksand, a charity has warned, as the Treasury launched a consultation into bringing the sector under regulation.
Products allow…
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BNPL subject to government regulation by the end of October, insiders warn
The Buy Now Pay Later (BNPL) market will be subject to government regulation by the end of October, according to industry insiders.
BNPL products have grown increasingly popular in the…
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Klarna unveils ‘pay now’ feature for UK shoppers ahead of crackdown
Buy now pay later (BNPL) fintech firm Klarna has unveiled a raft of changes to its scheme following criticism from campaigners warning that its scheme can encourage its users to…
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Barclays to take on BNPL leader Klarna according to CEO
Barclays chief executive Jes Staley has claimed that the bank seeks to “take on” buy now pay later (BNPL) giant Klarna.
This will mark Barclays first foray into the controversial…
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London Tech Week: 3 spaces retailers should keep an eye on
Charged attended London Tech Week to find out what some of the country’s brightest minds were saying about the retail space and its future.
During the event, three areas were…
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Just 16% of BNPL users believe that it causes them to live beyond their means
Only 16 per cent of buy now pay later (BNPL) users believe that it causes them to live beyond their means, according to a study by Butter.
The study found…
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“If you can’t buy it twice then you can’t afford it” – How BNPL schemes are ruining credit scores
If you can’t buy it twice then you can’t afford it. – Jay Z Wise words from one of the most successful rappers of all time, words that should be…
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Mastercard launches own BNPL service which can be used in store
Mastercard has stepped into the buy now pay later (BNPL) space with its own offering amid a boom in the sector.
The payment provider is allowing customers to pay in…
Read MoreKlarna CEO “nervous” about IPO amid market volatility
Klarna chief executive Sebastian Siemiatkowski has said that the buy now pay later (BNPL) lender is likely to wait for the volatile market to settle before going public.
“The volatility…
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Rapid grocery delivery has been one of the pandemic’s biggest winners, with the industry growing exponentially over the last 18 months and brands including Getir, Weezy and Gorillas all taking…