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STOCKHOLM, Feb 19 (Reuters) – Swedish “buy now, pay later” services provider and online bank Klarna swung to a net loss in the fourth quarter and gave weaker-than-expected guidance for 2026 as fast growth also hiked costs, sending the U.S.-listed group’s shares down 23% in early trade on Thursday. Klarna’s net loss for the October …
The company has 114 million active consumers, with 27 million new active users in the prior three months. However, while Klarna is attracting more customers, the company’s average revenue per user fell about 10%. Klarna’s actual loan losses improved slightly year over year, underscoring that consumers are still paying on time. Sales of Klarna’s new …
Klarna, a popular “Buy Now, Pay Later” service, just announced a +110% increase in their Q1 2025 loss of -$99 million. On top of this, consumer credit losses surged to $136 million in Q1. This is the same company that just announced “Buy Now, Pay Later” for DoorDash orders. The worst part? Klarna announced they …
