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Klarna’s losses widen after more consumers fail to repay loans

  • Klarna reported a net loss of $99 million for Q1, which is more than double its loss from the previous year.
  • Klarna's revenue increased by 15% to $701 million, and it has 100 million active users and over 724,000 merchant partners.
  • Consumer credit losses at Klarna grew 17% to $136 million, indicating more users are struggling to repay loans.
  • The Trump administration has rolled back some regulations on BNPL services, impacting consumer protections in the sector.
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AllBlogThings.com - A Tech & Business Blog! broke the news in on Monday, May 19, 2025.
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