BuyNowPayLater

Netflix's New Film "Buy Now" Sheds Light on the Dark Side of Global Shopping

26 days ago

In a timely and thought-provoking release, Netflix has debuted a documentary film titled "Buy Now," which explores the alarming consequences of the global shopping frenzy. As we move further into the era of consumerism, the film dives deep into the psychological and environmental toll that modern shopping habits impose on individuals and the planet alike.

Klarna Moves Closer to Profitability Ahead of Highly Anticipated Public Offering

28 days ago

In the latest developments within the fintech sector, Klarna, the popular buy-now-pay-later service, has reported significant strides toward achieving profitability just as it prepares for a public debut. This news has piqued interest among investors and market watchers, particularly following the tumultuous period the company has faced over the past year.

Klarna Goes for Gold: Preparing for a US IPO and Seeking Bank Partners

1 month ago

Klarna, the well-known Swedish buy-now-pay-later (BNPL) giant, is taking strategic steps toward its anticipated initial public offering (IPO) in the United States. As the fintech sector continues to evolve, the company is reportedly reaching out to various investment banks to pitch their services for the upcoming listing. This proactive move signals Klarna's ambitions to position itself favorably in the competitive financial landscape ahead of its public debut.

Affirm CEO Expresses Confidence in Credit Stability Ahead of Holiday Shopping Surge

1 month ago

In a recent discussion surrounding the upcoming holiday shopping season, Affirm CEO Max Levchin conveyed a strong sense of optimism regarding the credit quality of the company's customers. As consumers prepare to engage in their seasonal spending, Levchin highlighted the improvements in credit quality compared to previous years, suggesting that shoppers are likely to have a more stable financial background this year.

Klarna's Valuation Soars Ahead of IPO as Chrysalis Boosts Investor Confidence

2 months ago

Klarna, the Swedish fintech giant known for its "buy now, pay later" services, has caught the attention of investors once again as the UK-based investment firm Chrysalis has recently raised its valuation of the company. This new appraisal comes at a crucial time for Klarna as it prepares for a potential Initial Public Offering (IPO), signaling increased optimism about the company’s future in the fast-evolving financial technology landscape.

Klarna Boardroom Drama: Shareholders Move to Oust Director Amid Rising Tensions

2 months ago

In a significant turn of events, shareholders of Klarna, the renowned Swedish fintech company, have voted to remove a key director following a tumultuous period marked by escalating tensions within the board. This decisive vote reflects growing dissatisfaction among investors regarding the company’s governance and strategic direction.

UK Government Moves Forward with Regulatory Framework for Buy Now, Pay Later Services

2 months ago

The UK government is taking decisive steps towards implementing regulations for the increasingly popular Buy Now, Pay Later (BNPL) services. This follows growing concerns over consumer debt and the financial safety of these payment options. These regulations aim to ensure that consumers are better protected from potential pitfalls associated with deferred payment schemes.