The buy now, pay later business has a stigma that could hold back a proposed ETF focused on the market, one observer noted.
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Klarna says the card will offer one free tier and two paid tiers that include discounts and better cashback rates.
Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.
Klarna, which is planning a US public debut as soon as early 2025, announced stellar first-half results for 2024.