News

February 28, 2024

Klarna reduces losses by two-thirds for 2023

The buy now, pay later giant shows a gross profit in the US for the first time ahead of an anticipated IPO


Mimi Billing

3 min read

Klarna

Swedish fintech Klarna cut its losses by 69% in 2023 compared to the previous year, according to the company's annual results.

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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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