Klarna: we’re your Bank Manager

according to the founder, old style but for the digital age. About a two minute read.

Comment: I’ve made no secret of the fact I detest Buy Now Pay Later (BNPL), as it makes taking on debt as easy as clicking on a button at checkout. I’ve read articles suggesting as much as one third of BNPL customers default, which clearly must be stressful, not to mention expensive. Oh! A negative on your credit report certainly doesn’t help either. Time for the regulators to step in.