Payments firm Klarna valued at £32bn after raising funds for expansion

Payments firm Klarna valued at £32bn after raising fresh funds to help its expansion By Lucy White For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Payments firm Klarna is now worth £32billion after raising a fresh chunk of money to help fund its expansion. The shopping … Read more

Generation Z debt fears as Klarna extends buy-now, pay-later credit

Generation Z debt fears rise as Klarna extends its buy-now, pay-later credit to all online purchases By Daily Mail City & Finance Reporter Published: 21:50 BST, 7 June 2021 | Updated: 21:50 BST, 7 June 2021 Klarna is extending its buy-now, pay-later (BNPL) credit to all online purchases amid concerns Generation Z will be drawn … Read more

Klarna clampdown begins as buy-now-pay-later industry will be regulated

Buy-now-pay-later firm Klarna first offered British shoppers the chance to put off payment at the checkout in 2014, when it launched in the UK. Yet, seven years on, regulation is only now on the cards after five million people spent billions of pounds using the quick and easy loans last year. Consumer campaigners have spent … Read more

At last! The Klarna clampdown begins… and not a moment too soon 

Buy-now-pay-later firm Klarna first offered British shoppers the chance to put off payment at the checkout in 2014, when it launched in the UK. Yet, seven years on, regulation is only now on the cards after five million people spent billions of pounds using the quick and easy loans last year. Consumer campaigners have spent … Read more

Campaigners want more regulation of pay later services like Klarna

New guidelines to tighten up advertising ‘buy now, pay later’ services like Klarna have been welcomed by campaigners – but they called for tougher rules to stop more consumers falling into debt. Delayed payment providers have been asked to revamp their marketing by next March to ensure users are not being misled and were aware … Read more

Payment firm Klarna hires Silicon Valley guru Moritz as its chairman

Controversial payment firm Klarna hires Silicon Valley guru Sir Michael Moritz as its chairman By Lucy White For The Daily Mail Published: 23:15 GMT, 1 December 2020 | Updated: 23:15 GMT, 1 December 2020 Swedish payments firm Klarna has appointed Sir Michael Moritz as its chairman Controversial payments firm Klarna has appointed a veteran investor … Read more

Data protection watchdog to investigate Klarna over marketing emails

The ‘buy now, pay later’ service Klarna is to be investigated by the UK’s data protection watchdog after it sent out marketing emails to people who had never even used it before. The Information Commissioners’ Office said it was ‘making enquiries’ into the £8.22billion Swedish firm with 8.6million UK customers after receiving more than 90 … Read more

Xbox fans left disappointed by Klarna, Smyths Toys and GAME error

Gamers left in the dark for nearly two weeks after they tried to pre-order the new Microsoft Xbox using the ‘buy now, pay later’ service Klarna have now been told if they want the console, they will have to pay for it in one go on the day of its release after all. And those … Read more

Xbox buyers left in the dark after Klarna, GAME and Smyths blunder

Thousands of disappointed shoppers who tried to pre-order the new Microsoft Xbox from Smyths Toys using the ‘buy now, pay later’ service Klarna last Tuesday still don’t know whether they will actually be able to purchase a console more than a week later. Eager buyers last week were subject to hard credit checks and had … Read more

Xbox buyers face Klarna drama with Symths Toys and GAME

Thousands of shoppers who tried to pre-order the latest Microsoft Xbox were left fearing for the state of their credit scores after a bungle between high street retailers and the ‘buy now, pay later’ service Klarna left them without a console but with marks on their credit files. Klarna – which has a slogan No … Read more