The company, which is reportedly weighing a new funding round that will value it at up to $60 billion, saw losses grow by 500% compared to $110 million reported in the year prior, according to Finextra.
In terms of business growth, the company appears to be in rude health. Gross merchandise volumes reached record levels of $80 billion and net operating income increased 38% to $1.6 billion as the company recruited 46 million new consumers and extended its reach to 45 countries.
Sebastian Siemiatkowski, CEO and Co-Founder of Klarna comments: “We are now serving more than 100m active customers across the world. I am pleased to say that 99% of our lending globally is repaid. But we have also continued to grow our Pay Now immediate settlement option that today represents c40% of our total transaction volume. With some truly exciting companies like Stocard and Hero joining Klarna, our active consumer number will grow to over 147m. We have also massively accelerated our global expansion with the addition of 10 new markets since the start of 2020.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
