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It's a problem being faced by industry giant Klarna, which saw its net losses more than double in the first quarter as more customers struggled to pay back their loan installments. Klarna's net ...
Klarna CEO Sebastian Siemiatkowski raised these fears when he sounded the alarm on possible concerns with AI development.
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
More buy now pay later users are missing payments. Experts warn this could blow up your future finances. What to know.
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 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 ...
Klarna, founded in 2005, provides payment processing for e-commerce. The company says it has more than 150 million global active users. Klarna’s losses were $241 million last year, according to ...
Klarna's CEO leans into his company's image, using an AI doppelganger to deliver earnings highlights
Klarna brands itself as an AI company and has "streamlined" its workforce by 40% since 2022. Klarna's Q1 results show revenue growth but see a spike in net and credit losses. Buy now, pay later ...
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