The Consumer Financial Protection Bureau (CFPB) is reportedly planning to tighten up regulation of BNPL companies, introducing the same baseline consumer protections that already exist for credit cards. With buy ...
UBS has signed a 10-year carbon removal agreement with one direct air capture company Climeworks. After earlier purchases from Square Inc., Klarna, Stripe, LGT, and Verdane, UBS is the latest ...
Chrysalis Investments reported a 22% plunge in the net asset value (NAV) of its fund, reflecting the revaluation of fintech companies in its portfolio. The firm, which has holdings in ...
Klarna is now closing in on a funding round that would see the BNPL behemoth’s valuation cut from $45.6 billion in 2021 to around $6.5 billion, based on reports by ...
Citizens Advice says shoppers ‘piling borrowing on top of borrowing’ by repaying with credit cards. More than two in five current buy now pay later (BNPL) shoppers depended on credit ...
UK workers said they were ‘blindsided’ by the Swedish company’s announcement Sacked staff have condemned the buy now pay later (BNPL) firm Klarna for its disorderly handling of job cuts, ...
