Fintech Klarna Valued at $10.65B After Latest Funding

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main advantages of Buy Now Pay Later over traditional credit cards?
Interest-free installments
Higher credit limits
Higher interest rates
Longer grace periods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the company manage credit risk without affecting credit scores?
By charging high late fees
By using only credit data
By not checking credit at all
By using a combination of data sources
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's approach to late fees in different markets?
They charge late fees only in the US
They adjust late fees based on market conditions
They have no late fees in any market
They charge high late fees in all markets
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the Buy Now Pay Later service being investigated by UK regulators?
Due to its similarity to credit cards
For not cooperating with regulators
Because it is a new financial product
Due to high interest rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one feature that differentiates the company from PayPal?
Faster transaction processing
Digital receipts with item images
More users worldwide
Higher transaction fees
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of the company going public?
Increased complexity
Quarterly capitalism
Simplified shareholder structure
Short-term focus
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What long-term goal does the company have for the credit card industry?
To disrupt and bring customer centricity
To increase interest rates
To maintain the status quo
To reduce the number of users
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