MPs warn buy now, pay later firms ‘could be the next Wonga’

The Guardian | Kalyeena Makortoff | Jan 12, 2021 More than 70 cross-party MPs are calling for regulation of buy now, pay later firms such as Klarna and Clearpay, which they say could be “the next Wonga waiting to happen.” The group is planning to table an amendment to the financial services bill on Wednesday

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