Klarna – Our way to pay is healthier than a credit card

Industry News | 20/09/20

The buy now, pay later giant Klarna has welcomed an investigation into its business model, claiming that it is a “healthier alternative to credit cards”.

The Financial Conduct Authority, the City regulator, has written to deferred payment companies such as Klarna, Clearpay and Laybuy, asking for meetings to assess the possible risks to consumers as part of a probe into unregulated credit.

Source: The Times