New York Instances:
US shopper teams and lawmakers say Klarna, Affirm, Afterpay, and different BNPL companies might encourage youthful and lower-income Individuals to tackle an excessive amount of debt — Shopping for mattresses,...
“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in Singapore but focused...
Swedish fintech big Klarna was doing nicely earlier than the pandemic, however at present, it’s a mega-unicorn: In June 2021, it reached a $45.6 billion valuation after elevating $639 million.
A lot of this...