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)

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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