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Is Klarna Shutting Down? Company Logs A Net Loss Of $99M In Q1Klarna’s plans to go public may need to be on standby. The Sweden-based fintech company has reportedly had a loss of $99 million in Q1 2025, according to Tip Ranks. In comparison, it saw a loss ...
But there’s a caveat: Although Klarna has grown this year, it’s also doubled its net losses from $47 million in Q1 2024 to $99 million in Q1 2025. One factor driving the spike in losses ...
Buy now, pay later provider Klarna took another step toward a U.S. listing last week, reporting progress on its transition into internally developed AI systems. AI-driven staff reductions of 700 ...
Klarna AI layoffs have taken a surprising turn. The Swedish fintech giant, once praised for firing 700 employees and ...
COPENHAGEN, May 19 (Reuters) - Swedish fintech Klarna, which last month paused plans for an initial public offering, reported first-quarter revenue growth of 15% from a year ago on Monday while ...
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
Swedish fintech giant Klarna is walking a financial tightrope. Despite strong revenue growth in Q1 2025, the company is seeing sharp losses from unpaid consumer loans—particularly in the United ...
Find out how Klarna achieved profitability and what credit unions can learn about leveraging technology for their members.
But new data shows cracks in the model: Klarna reported a 17% rise in consumer credit losses in Q1 2025 compared to the same period last year, totaling $136 million. While the company attributed ...
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