The US Consumer Protection Bureau Warns of Risks, Even “Chaos,” in Buy Now, Pay Later Purchases
A comprehensive government report finds that the increasingly popular use of BNPL services can create often hidden risks for consumers.
Klarna
How Low Can Klarna Go? Potential New Deal Will Slash Valuation to $6.5B
The Wall Street Journal reports that the Swedish Buy Now Pay Later giant Klarna is raising a new round of capital, valuing the company at $6.5 billion. This is a tremendous "down round" for Klarna.
Even A Dreaded “Down Round” Can’t Stop the Buy Now, Pay Later Machine
Swedish giant Klarna is raising new money at a much lower valuation. That should send up red flags about the booming BNPL sector, but so far, not so much.
