Buy now pay later (BNPL) borrowers will benefit from key protections in place for other types of lending, under proposals put forward by the Financial Conduct Authority (FCA).
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The Financial Conduct Authority (FCA) has illuminated a sharp rise in the adoption of buy-now-pay-later (BNPL) schemes within the UK.
Popular Buy now, pay later (BNPL) start-up Klarna has revealed losses of 6.17 billion Swedish crowns (£497 million) for its first half results as it has seen costs soar and credit losses mount.