Gen Z is leaning on buy-now-pay-later funding to fuel its holiday spending, according to a survey conducted by Dynata for Glassbox, which provides customer intelligence support for banks in the United States. At a time when paying for goods and services is undergoing...
As part of its marketplace operation, Klarna has announced it is adding new features to the company’s artificial intelligence-enabled virtual shopping assistant powered by OpenAI. The AI assistant now provides a chat-based shopping experience, helping shoppers...
In another expansion of its financing options, Klarna has initiated a subscription service model that the company is calling Klarna Plus, which provides perks for a fee. Issued by WebBank, Klarna Plus is now available to eligible consumers in the United States through...
As it expands its business from strictly payments to a shopper assistance approach, Klarna reported that its third-quarter results in the United States include its fourth consecutive period of gross profit, a 46% year-over-year advance in GMV and a 28% improvement in...
Buy now pay later (BNPL) operators are becoming retail fairs where brands have raised their tents alongside the credit providers that enable purchases. It’s not exactly an online marketplace that consumers have come to know through Amazon and others, but it does...
