‘Buy now, pay later’ stocks tumble after U.S. consumer watchdog launches probe

Post published:December 17, 2021
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[ad_1] An Afterpay logo is seen displayed on a smartphone.Igor Golovniov | SOPA Images | LightRocket | Getty ImagesShares of several "buy now, pay later" firms sank sharply after the…

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$46 billion fintech Klarna sees losses quadruple amid surging demand for buy now, pay later

Post published:November 26, 2021
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[ad_1] The Klarna logo displayed on a phone screen.Jakub Porzycki | NurPhoto | Getty ImagesLONDON — Swedish fintech start-up Klarna saw its losses balloon in the first nine months of…

‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plans

Post published:November 18, 2021
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[ad_1] The Klarna logo displayed on a phone screen.Jakub Porzycki | NurPhoto | Getty ImagesLONDON — Buy now, pay later services aren't just popular among consumers. They're also proving to…

Affirm shares soar after company announces expanded deal with Amazon, fiscal Q1 revenues beat estimates

Post published:November 10, 2021
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[ad_1] Drew Angerer / Getty Images Shares of Affirm, the digital "buy now, pay later" company, soared as high as 30% in after-hours trading Wednesday, after the company said it would…

UK buy now, pay later start-up quadruples valuation to $2 billion, plans U.S. expansion

Post published:November 10, 2021
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[ad_1] A person using the Zilch app.ZilchLONDON — British start-up Zilch is riding the "buy now, pay later" wave to America.The London-based company said Wednesday it has raised $110 million…