Pay-later platform Sezzle has filed an antitrust lawsuit against eCommerce platform Shopify. The lawsuit, filed Monday (June 9) in the U.S. District Court for the District of Minnesota, accuses...
Buy now, pay later (BNPL) giant Klarna says it now has 100 million active customers. The Swedish FinTech revealed that milestone Monday (May 19) as it released...
The British government is preparing to introduce new regulations for pay later companies. As the Financial Times reported, the legislation, set to be introduced Monday...
Klarna’s CEO is reportedly attributing a 40% reduction in staff to the company’s AI investments. Sebastian Siemiatkowski told CNBC on Wednesday (May 14) that artificial intelligence (AI) was...
The traditional pillars of consumer credit are undergoing a profound transformation as “pay later” options, once a niche for specific shoppers, are now redefining how...
Pay-later firm Klarna is reportedly rethinking some of its AI-centered cost-cutting. Now, CEO Sebastian Siemiatkowski told Bloomberg News in an interview posted Thursday (May 8), the Swedish startup is undertaking a...
The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a...
Pay later platform Affirm has launched a partnership with airline-owned network UATP. The collaboration, announced Thursday (May 1), allows merchants on the UATP network —...