Klarna, Zilch, Clearpay: What does a BNPL crackdown mean for UK fintech?

The Treasury’s regulatory shakeup of buy now, pay later (BNPL) services is set to reshape the UK fintech landscape and industry leaders have been left with questions.  The UK government will enact legislation that brings BNPL firms under the scrutiny of the Financial Conduct Authority. This means firms such as Klarna, Clearpay and Zilch will [...]