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The Latest Breaking News from Klarna

What is Databricks really worth?

Databricks says it’s cut its internal valuation about 10%—some of its investors haven’t been as forgiving.

Fortune

Klarna joins Laybuy and Clearpay in charging a fee to late payers

New £5 charge from March 16 will reduce the likelihood of borrowers falling behind, according to Klarna boss

Chronicle Live

Klarna is introducing late payment fees - everything you need to know

The 'buy now pay later' provider is proving popular with shoppers

Bristol Post

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read the most diverse news in one place.

Klarna customers issued warning as late fees to be introduced

The buy now, pay later provider has confirmed that it will be introducing late fees for those who end up behind on their repayments for products purchased through the service.

Edinburgh Live

Klarna issues 'important' two-week warning as users could be hit with £10 fees

The 'buy now, pay later' service Klarna will begin to charge users un the UK for missing payments this month.

Daily Record

Klarna shoppers warned as new 'up to 25%' fees brought in

The new charges will come into force from March 16

Liverpool Echo

Two week warning issued to anyone with a Klarna account as £5 fees are introduced

All Klarna users will be affected by the policy change which comes into place on March 16

Manchester Evening News

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Klarna to start charging late fees from next month - what you need to know

From March 16, Klarna will be charging £5 to customers who miss their repayments and the move is a major shift by the buy now, pay later firm who has so far has not charged late fees in the UK

Daily Mirror

Buy now, pay later firms set for major crackdown under new rules to protect borrowers

A new consultation has launched today and will look at how buy now, pay later (BNPL) products could be brought under Financial Conduct Authority (FCA) regulation

Daily Mirror

Why did I pay Klarna for an Eve Sleep mattress I want to return?

The mattress company went bust but £54 was taken from my account

The Guardian - UK

Millennial Money: 5 tactics to pay buy now, pay later debt

After the holiday season, those “buy now, pay later” bills will come due

The Independent UK

The 2023 IPO market: What to expect when you’re not expecting

A look at which companies are ripe for a public debut—and which won’t make the list.

Fortune

Boots annual 70 per cent off sale is set to return with some deals already live

Huge brands are already massively reduced in this years sale

Leeds Live

How to make holiday returns with buy now, pay later

If you bought an unsuccessful gift this holiday season with a “buy now, pay later” plan, you or the recipient might be wondering how to return it

The Independent UK

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WEKU

In a year marked by inflation, 'buy now, pay later' is the hottest holiday trend

People are paying for blenders, shirts and even groceries in installments. New research suggests this encourages people to overspend.

The Independent UK

The problems with using buy now, pay later to fund travel

“Buy now, pay later” services like Affirm, Afterpay and Klarna can sometimes provide a cheaper, more accessible version of credit

Evening Standard

London fintech Checkout.com sees valuation plunge to $11 billion

The Shoreditch-based business had been valued at as much as $40 billion in January

Evening Standard

Harrods: How does buy now pay later scheme work with Klarna?

Harrods has extended its partnership with Klarna to cover all five departments

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Evening Standard

London fintech unicorn Zilch poised to begin wave of layoffs as downturn hits buy now pay later sector

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

Crikey

Regulation is coming for the buy-now-pay-later scam — but will it be enough?

It’s finally understood that buy-now-pay-later is damaging to consumers and small retailers, and a long overdue catch-up is taking place.

Daily Record

Martin Lewis slams Deliveroo over new payment method for takeaways

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

Glasgow Live

Deliveroo takeaways now available on finance as Martin Lewis issues warning

Users were stunned when they noticed a new finance option appear on the popular takeaway app - here's why the MoneySavingExpert has warned people to steer clear.

Wales Online

Martin Lewis slams Deliveroo for Klarna buy now pay later scheme to spread cost of takeaway

The Money Saving Expert founder said borrowing should only be for a "planned one off budgeted purchase, not a cheeky Nandos"

Chronicle Live

Martin Lewis warning after Deliveroo offers new payment option for takeaways

The consumer guru has questioned if customers need this finance option to pay for takeaways and suggests it could result in debt

Manchester Evening News

Martin Lewis issues warning to anyone that uses Deliveroo

Users were stunned when they noticed a new finance option appear on the popular takeaway app

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