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Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles (Financial Times)

Photo of Grace Will Grace Will February 28, 2023
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Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles (Financial Times)
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Financial Times:

Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles  —  Swedish fintech says it is on track to return to profit this year  —  Klarna has plunged to the biggest annual loss in its history …



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