Klarna hit by buy now, pay later backlash as it targets $15bn IPO
Swedish fintech brought ‘pay in four’ to everything from food to fashion but sceptics point to model’s vulnerabilities ...
Klarna's nearing a critical U.S. IPO — and it's the biggest test of CEO Sebastian Siemiatkowski's 20-year reign
Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast ...
The Risk of Financing Your Errands
Deferred-payment apps are a fact of life for many Americans, yet the future of the agency responsible for protecting those ...
How Trump rattled Big Law
Plus, J&J’s latest attempt to settle class-action claims gets rejected and Klarna faces online backlash ahead of planned IPO ...
Are bonds based on burrito orders next after the Klarna and DoorDash partnership?
Wall Street is hungry for bonds backed by a welter of unconventional cash flows. Bond desks have already securitized revenue from data centers, student loans and fast-food franchise payments. Now, ...
GOBankingRates on MSN3d
Vivian Tu: Don’t Go Into Debt Over a Burrito — 5 Reasons To Avoid Using Klarna for DoorDash
Buy now, pay later for fast food? Here's why Vivian Tu says using Klarna for DoorDash could cost you a lot more than just a ...
Chicken burger on EMIs? Buy now, pay later signals a global debt crisis
From Malaysia's chicken burgers on credit to the US' DoorDash EMIs, Buy Now, Pay Later is creeping into daily essentials, raising alarms over rising household debt and a worsening global cash crunch ...
European committee says Lilly Alzheimer's drug shouldn't get marketing approval
A European regulatory committee rejected Eli Lilly’s U.S.-approved Alzheimer’s disease treatment over potentially dangerous ...
Former executive of Mars candy subsidiary charged with stealing $28 million from company
Steed worked remotely from his Stamford home as global price risk manager for Mars Wrigley, according to federal prosecutors. The company is a subsidiary of McLean, Virginia-based Mars Inc., the maker ...