Klarna’s CEO blames a 'shift in consumer sentiment' and inflation.
, and a 10 percent cutback puts the number of affected workers somewhere around 700.
BNPL services like Klarna, Affirm, and Afterpay allows users to purchase a product for nothing or a small fraction of its full price. Customers can then make incremental payments over a set period of time but will face a typically interest-free fee for any late payments.
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