News

February 28, 2023

Klarna posts $1bn annual loss, its largest ever

The buy now, pay later giant says it’s making progress towards profitability despite a bruising 2022

Amy O'Brien

2 min read

Swedish fintech Klarna has posted its biggest annual loss to date in 2022, but claims it’s made “clear progress” to return to profitability, according to annual results released Tuesday. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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