Klarna says it expects to post a profit — in the second half of 2023
The Swedish buy now/pay later lender insists it is on a path to profitability, despite mounting losses.
Source: americanbanker.com
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Buy now/pay later lenders face a higher-stakes holiday season
Rising interest rates and tightening consumer credit are likely to drive many consumers to use interest-free point-of-sale loans, putting BNPL fintechs' data-driven underwriting to the test.
Source: americanbanker.com
Treasury Stock: Definition, Share Buybacks, Effect on Investors
Treasury stock is the portion of previously issued shares that remain on a company's balance sheet after it has bought them back from investors.
Source: businessinsider.com