Klarna Expands Partnerships and Prepares for IPO Ahead of Public Debut
11/25/24, 2:17 PM
Money
$520 million
Industry
other banking and financial services
Type
partnership
Klarna Group Plc, the European buy now, pay later fintech, has reported a pretax loss of 2 million kronor ($180,000) in the first three quarters of the year, a significant improvement from the previous year. The company's total revenue rose 23% to 20.3 billion kronor. Klarna has also announced partnerships with Google Pay and Apple Inc., as well as agreements with Dutch payments giant Adyen, Xero, and World.