Klarna's Growth & Loss: A Neobank's Journey
Update: 2025-11-18
Description
Klarna, the Swedish payment giant, reported record revenue of $903 million, a 28% increase from last year, but also a net loss of $95 million. Despite this, their Gross Merchandise Value surged by 23% to $32.7 billion, with the US market driving growth. However, Klarnas stock shares dropped by nearly 6% due to investor concerns over a weaker credit environment and increased provisions for loan losses. Looking ahead, Klarna expects Gross Merchandise Value to reach between $37.5 billion and $38.5 billion by Q4 2025, with revenue projected between $1.065 billion and $1.08 billion. Klarna plans to grow by expanding availability, partnering with payment providers, and offering more long-term installment plans, aiming to convert checkout customers into full banking users.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
