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Fortune

Prarthana Prakash

Buy-now, pay-later giant Klarna says it will ‘double down’ in Europe after reporting major growth in the region

Klarna BNPL Europe Fortune United Kingdom

a picture of klarna's app on a smartphone home screen (Credit: Ute Grabowsky—Getty Images)

The popularity of buy-now, pay-later (BNPL) apps like Klarna skyrocketed amid COVID-19 lockdowns as people resorted to online retail therapy, helping the Swedish company reach a valuation of $45.6 billion in 2021.

Just a year later, however, that value had dropped by 85% amid tough market conditions in the tech world.

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Deported to Central African Republic, a transgender woman who lived openly in Miami is hiding again

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FDA says its review of abortion pill will continue into next year

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Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

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Top stories on inkl right now

Deported to Central African Republic, a transgender woman who lived openly in Miami is hiding again

Deported to Central African Republic, a transgender woman who lived openly in Miami is hiding again

Daniela Fuentes is a transgender woman from Cuba who's been deported to the Central African Republic as part of a U.S. immigration policy

The Independent UK

FDA says its review of abortion pill will continue into next year

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The Independent UK

FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

Authorities say they arrested an 18-year-old who was planning a shooting attack at the Mall of America

The Guardian - US

Donald Trump’s Texas rally rocked by repeated protests

Donald Trump’s Texas rally rocked by repeated protests

Trump briefly stepped away from the microphone after one protester appeared to approach the stage

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

In response to concerns over a second suspected plague case linked to a worker's death, Russia has denied these allegations. The World Health Organization is looking for more details on the illness that led to the worker's pneumonia. Kremlin spokesperson Dmitry Peskov denounced many media reports as false. Health officials…

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Electric shock gloves deemed too painful by US Army are being rolled out by ICE

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An October 2024 US Army trial found that role-playing soldiers stopped resisting within seconds of being shocked, with test subjects reporting lingering fear and soreness

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