Swedish fintech Klarna’s losses doubled in the third quarter after its valuation was slashed by 85%, financial results released this morning show.
News
November 30, 2022
Klarna eyes profitability in 2023 despite losses doubling
The buy now, pay later giant said the cuts it’s made are beginning to pay off, and it expects to hit profitability in the second half of 2023
3 min read
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Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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