Klarna hits 100 million users as revenue and onetime costs jump

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Klarna hits 100 million users as revenue and onetime costs jump

//travel-leisure.news-articles.net/content/2025/ .. ion-users-as-revenue-and-onetime-costs-jump.html

Published in Travel and Leisure on Tuesday, May 20th 2025 at 8:06 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Klarna said like-for-like revenue rose 15% to $701 million in the first quarter, while its pretax losses hit $92 million.

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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/ ]