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Tue, May 20, 2025

Klarna hits 100 million users as revenue and onetime costs jump


Published on 2025-05-20 08:06:43 - Fortune
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  • Klarna said like-for-like revenue rose 15% to $701 million in the first quarter, while its pretax losses hit $92 million.

Klarna, the Swedish fintech company, has reached a significant milestone by surpassing 100 million global users, as reported on May 20, 2025. Despite this growth, the company's revenue saw a slight increase to $2.3 billion in 2024, up from $2.2 billion the previous year. However, Klarna faced challenges with one-time costs jumping to $150 million, primarily due to regulatory compliance and expansion efforts. The company continues to focus on expanding its buy now, pay later services and enhancing its AI-driven shopping features to maintain its competitive edge in the fintech sector.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/05/20/klarna-hits-100-million-users-revenue-onetime-costs-jump-fintech/ ]

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