Tag #Bnpl

Showing 1 to 12 of 23 results

forbes.com
🌐 75% Global Worthiness
News related image

Klarna's IPO: A Risky Investment Despite Walmart Deal

Klarna, a buy now, pay later (BNPL) company, plans a $14 billion IPO, a significant drop from its peak valuation but above its 2022 low; however, concerns remain about its modest growth, intense competition, and customer service issues.

Progress

24% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

American Shoppers Prioritize Holiday Gifts Over Debt Management

A new survey reveals that 37% of American shoppers prioritize holiday gift-giving over managing credit card debt, leading to increased use of Buy Now, Pay Later services and delayed bill payments, impacting retailers differently depending on their pricing and offerings.

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

UK to Introduce Stricter Affordability Checks for Buy Now, Pay Later Services

Stricter affordability checks for buy now, pay later services will come into force in the UK next July, aiming to prevent excessive debt and protect consumers; regulators estimate consumers will be £1.8bn better off over 10 years while providers' profits will drop by £1.4bn.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 65% Global Worthiness
News related image

Ohio-Based Startup Seniq Exceeds $330,000 in Revenue in First Year

Seniq, a Columbus-based women's outdoor apparel startup founded in 2023 by Valentina Thompson and Madison Hilson, exceeded $330,000 in revenue in 2024, projecting over $1 million in 2025 by capitalizing on a gap in the market for stylish and functional women's hiking apparel.

Progress

56% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
News related image

Klarna's Losses Double Amidst Rising BNPL Debt

Klarna's Q1 2024 net losses doubled despite revenue growth, with consumer credit losses surging 17% to $136 million, reflecting a wider trend of increasing BNPL debt and relaxed regulations, coinciding with record U.S. consumer debt.

Progress

48% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
News related image

Dutch Government Launches Campaign Against "Buy Now, Pay Later" Risks

The Dutch government is combating the rise of "buy now, pay later" services among young people by launching an awareness campaign, while stricter regulations are expected from the EU next year. A court case against Klarna highlights the current shortcomings.

Progress

52% Bias Score

No Poverty
welt.de
🌐 85% Global Worthiness
News related image

Germany strengthens consumer protection for short-term loans

Germany's cabinet approved a law mandating creditworthiness checks for all consumer loans, including "Buy Now, Pay Later" (BNPL) options under €200, to combat rising debt from small loans and comply with the new EU consumer credit directive, effective November 2025.

Progress

16% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

FCA to Regulate UK's £13bn Buy Now, Pay Later Market

The UK's Financial Conduct Authority (FCA) will regulate the £13bn buy now, pay later (BNPL) market from July 15, 2026, introducing affordability checks on all loans and requiring lenders to offer support to struggling customers; this follows a surge in BNPL use, with 10.9 million UK adults using it...

Progress

36% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

FICO to Include BNPL Loans in Credit Scores

FICO will include buy now, pay later loans in US credit scores starting fall 2025, impacting millions of borrowers; responsible use may improve credit, while late payments will negatively affect scores.

Progress

48% Bias Score

Reduced Inequality
politico.eu
🌐 75% Global Worthiness
News related image

UK Consumers Embrace BNPL Amid Cost-of-Living Crisis, Anticipating Regulation

A Clearpay study of 3,000 UK adults shows rising BNPL use due to cost-of-living pressures, with families using it for children's activities and big purchases; 71 percent support regulation, expected by early 2026, believing it will improve consumer protection and boost retail spending.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

UK introduces new rules to regulate buy now, pay later services

The UK government announced new rules for buy now, pay later services, requiring affordability checks and faster refunds to protect consumers from excessive debt, following a surge in BNPL use (11 million users last year) and concerns about unaffordable borrowing.

Progress

60% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
News related image

BNPL Grocery Purchases Surge as Americans Face Economic Strain

A LendingTree survey reveals that 25% of Americans are now using buy now, pay later services for groceries, up from 14% in 2024, while 41% of BNPL users made a late payment in the past year, highlighting the financial strain caused by inflation and high interest rates.

Progress

40% Bias Score

No Poverty

Showing 1 to 12 of 23 results