Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks

Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks Klarna, the Swedish fintech firm best known for its buy now, pay later services, crashed in premarket trading in New York after it lowered its full-year revenue and gross merchandise value forecasts following a second-quarter active-user miss, overshadowing stronger-than-expected earnings. The buy-now, pay-later firm now expects 2026 revenue of $4.08 billion to $4.16 billion, down from a previous ...

By Tyler Durden