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.
12 Articles
12 Articles
Klarna Discovers Customers Prefer Buying Now to Paying Later
Photo by Cherubino via CC BY-SA 4.0This story was originally published on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.As it turns out, shoppers absolutely love the first half of the “Buy Now, Pay Later” equation, but quite a few are prone to take the second half as more of a suggestion than a hard rule. With its much-…
Klarna enlists AI-generated CEO video to deliver its earnings as BNPL firm racks up losses
Klarna just announced its first quarter 2025 financial results, and they show that a larger chunk of customers are buying now and not paying later. This morning, the Swedish “buy now, pay later” (BNPL) fintech company gave consumers a look at its performance for the first three months of 2025. The news came in the form of a press release and an accompanying AI-generated video of CEO Sebastian Siemiatkowski (likely as a play to emphasize Klarna’s…
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