Technology
As interest rates rise and economic growth slows, Affirm, Afterpay, Zip, Klarna, and other BNPL services are beginning to see late payments or related losses (Wall Street Journal)
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Wall Street Journal:
As interest rates rise and economic growth slows, Affirm, Afterpay, Zip, Klarna, and other BNPL services are beginning to see late payments or related losses — Affirm, Afterpay and Klarna grew rapidly during the consumer-spending boom. Investors have concerns as outlook looks cloudier. — 1x
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