Klarna - statistics & facts
Klarna's company figures for Q1 2023 reveal a continued push towards profitability, an issue that plagued them for several subsequent quarters. The issue became especially noticeable when Klarna's private-market valuation declined by 85 percent in 2022, amidst a layoff of 700 employees - 10 percent of the company's workforce - in the same year. Economic developments such as rising interest rates, the war in Ukraine, and the possibility of a worldwide recession impact the Swedish BNPL fintech. Consequently, Klarna recorded its largest-ever annual net loss in 2022 - a figure that did improve in Q1 2023. This raises the question of whether Klarna has a future going forward. Where is the payment method most popular, and in what direction is the BNPL company moving?
