For many consumers, pay later is shifting from a checkout convenience to a budgeting tool. The biggest drivers of the shift are millennials and their...
Payments and digital banking company Klarna says its Klarna Card now has 5 million customers. In announcing the milestone Thursday (March 19), the Swedish FinTech said this...
Klarna has lost four senior staff members since January, Bloomberg reported Thursday (March 19), citing updates in LinkedIn profiles. Andrea Ferraz Estrada, head of investor...
Consumer credit has so far been shaped and defined by a single product. The revolving credit card. But the revolving credit card’s fundamental architecture, built...
Consumers are becoming far more deliberate about how they use Pay Later tools, assigning each payment option a specific role in managing their finances. The...
Popular commentary portrays Generation Z as financially reckless, a cohort supposedly driven by impulse purchases, social media trends and a casual approach to money. The...
Buy now, pay later has been hitting an adoption wall, and could be losing momentum with the critical Gen Z and millennial age groups. The...
Consumer spending cooled slightly in January, although strong growth in digital retail channels suggests that the broader trajectory of household consumption remains intact. Advance estimates...