- While buy-now-pay-later giant Klarna gains momentum in the world’s largest economy, there are warning signs Americans are preparing to pull back on spending. The company’s credit losses rose in the most recent quarter, but a spokesman said it was due to more loan origination, not consumer sentiment.
Klarna’s push into the U.S is helping drive record revenues for the Swedish “buy now, pay later” giant. It’s also fueled worries, however, about whether Americans’ somber mood on the economy could weigh on the buzzy fintech’s bottom line.
