Tag: BNPL
Checking account stuck in the niche – Big competition
Klarna app The payment service provider Klarna recently launched a price comparison service for online shopping in Germany. Klarna is one of the big payment companies, but the current account…
EU plans stricter rules for online shopping on credit
Frankfurt, Brussels The EU is striving for stricter rules for mini-loans and buying in installments when shopping online, in technical jargon “buy now, pay later” (BNPL). The consumer credit directive,…
CEO Tanja Birkholz warns of increasing over-indebtedness
Frankfurt In view of rising energy prices and high inflation, there are growing concerns about over-indebtedness among Germans – also on the part of the financial sector. “What we are…
Three fintechs start BNPL for companies
Frankfurt Probably no other German fintech has become so expensive so quickly. The Berlin financial start-up Mondu was only founded last August. Now Mondu, which offers online purchase on account…
Klarna is cutting jobs, there is a risk of a valuation discount
“When we made our business plans for 2022 last fall, the world looked very different than it does today,” explained Klarna boss and co-founder Sebastian Siemiatkowski at the beginning of…
Payment service provider Klarna takes back fees
Klarna advertising The Swedish payment service provider Klarna is adapting payment methods in favor of consumers. Industry observers believe that Klarna anticipates possible regulation. (Photo: mauritius images / Robert Evans…