Breaking news
Buy-now-pay-later firm Klarna first offered British shoppers the chance to put off payment at the checkout in 2014, when it launched in the UK. Yet, seven years on, regulation is only now on the cards after five million people spent billions of pounds using the quick and easy loans last year. Consumer campaigners have spent … Read more
Buy-now-pay-later firm Klarna first offered British shoppers the chance to put off payment at the checkout in 2014, when it launched in the UK. Yet, seven years on, regulation is only now on the cards after five million people spent billions of pounds using the quick and easy loans last year. Consumer campaigners have spent … Read more
New guidelines to tighten up advertising ‘buy now, pay later’ services like Klarna have been welcomed by campaigners – but they called for tougher rules to stop more consumers falling into debt. Delayed payment providers have been asked to revamp their marketing by next March to ensure users are not being misled and were aware … Read more
Controversial payment firm Klarna hires Silicon Valley guru Sir Michael Moritz as its chairman By Lucy White For The Daily Mail Published: 23:15 GMT, 1 December 2020 | Updated: 23:15 GMT, 1 December 2020 Swedish payments firm Klarna has appointed Sir Michael Moritz as its chairman Controversial payments firm Klarna has appointed a veteran investor … Read more
The ‘buy now, pay later’ service Klarna is to be investigated by the UK’s data protection watchdog after it sent out marketing emails to people who had never even used it before. The Information Commissioners’ Office said it was ‘making enquiries’ into the £8.22billion Swedish firm with 8.6million UK customers after receiving more than 90 … Read more
Gamers left in the dark for nearly two weeks after they tried to pre-order the new Microsoft Xbox using the ‘buy now, pay later’ service Klarna have now been told if they want the console, they will have to pay for it in one go on the day of its release after all. And those … Read more
Thousands of disappointed shoppers who tried to pre-order the new Microsoft Xbox from Smyths Toys using the ‘buy now, pay later’ service Klarna last Tuesday still don’t know whether they will actually be able to purchase a console more than a week later. Eager buyers last week were subject to hard credit checks and had … Read more
Thousands of shoppers who tried to pre-order the latest Microsoft Xbox were left fearing for the state of their credit scores after a bungle between high street retailers and the ‘buy now, pay later’ service Klarna left them without a console but with marks on their credit files. Klarna – which has a slogan No … Read more
Swedish buy now, pay later firm Klarna climbs to top fintech ranking after being valued at £8bn By Daily Mail City & Finance Reporter Published: 22:16 BST, 15 September 2020 | Updated: 22:53 BST, 15 September 2020 Swedish payments firm Klarna has become Europe’s highest-valued fintech firm Buy now, pay later firm Klarna has become Europe’s … Read more
The buy now, pay later behemoth Klarna has launched an advertising campaign asking users to consider whether what they’re buying is necessary, despite boasting to retailers that it helps people spend more. The company, one of Europe’s most successful start-ups with 8.6million UK users and a valuation of around $5.5billion, has faced criticism from some … Read more