Klarna achieved profitability target with a profitable month in Q223, ahead of schedule
Company's credit loss performance improved by -41% YoY, with global credit loss rate at 0.39%
Revenue increased by 17% YoY to SEK 5.5bn in Q223, with retailer revenue up by 23%
Continued success in all markets, with focus on winning the US market showing positive results
Accelerating customer value with AI-powered initiatives, focusing on revolutionizing retail banking

Klarna is a fintech startup that partners with retailers to offer customers the ability to split their online purchases into four manageable installment payments, with the first due at checkout and the rest every two weeks. There are no fees for on-time payments. Users can manage their payments and get an overview of their purchases in the Klarna app. Klarna aims to provide a smooth shopping experience with simple sign-ups and transparent terms. Additionally, it offers a rewards club for shoppers and collaborates with businesses to integrate their sales platform with Klarna's payment system.

Klarna

Klarna provides easy online payments, management, and shopping services.

Klarna Reports H1 2023 Results

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