Klarna's US and UK expansion take their toll, as fintech posts first annual loss
Klarna is Europe's most highly-valued fintech, alongside Revolut. In a bid to keep its crown, it invested heavily last year - causing overall losses despite healthy revenues.
Klarna's push for hyper-growth landed it in the red for the first time in its history, according to the company's 2019 annual report, which was published on Wednesday.
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