The Latest Breaking News from Klarna

Zilch joins rival Klarna in making a series of layoffs in a bid to cut costs as investors weigh the prospects for BNPL firms after higher borrowing costs squeeze profits

Customers using Deliveroo will now notice Klarna as an additional payment option when they go to pay for their takeaway.

"Hideously wrong in so many ways"

The partnership has faced a backlash for encouraging people to use a buy now, pay later scheme to pay for food.

There are fears people will fall into further debt as the costs spiral

Consumers can now buy a Deliveroo takeaway using buy now, pay later firm Klarna, but experts say the idea is 'extraordinarily irresponsible' and can impact your finances

We spend almost £1bn a month through retailers’ spread-the-cost payment schemes. But many borrowers find themselves missing payments, covering instalments with credit cards – and using the schemes to pay for food and other essentials. Is online credit spiralling out of control?

Use of services such as Klarna, Clearpay and Laybuy rising as staff rejected by mainstream lenders

If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to “buy now, pay later” by breaking the cost into smaller installments over time