Klarna is doing better than expected and is raising its profitability forecast. However, the forecast for trading volume and revenue for the full year 2026 is being lowered. We have seen a deterioration in consumer confidence, especially in Germany, says co-founder and CEO Sebastian Siemiatkowski to TT.
BusinessRevenue and trading volume are growing faster than expected at Klarna. Last but not least, the payments group turned a loss into a small net profit in the first quarter of this year. "It's a strong quarter, for sure," CEO Sebastian Siemiatkowski tells TT.
BusinessRevenue and transaction volumes are growing faster than expected for Swedish payments company Klarna. But the stock is down more than 24 percent after an unexpectedly weak forecast, and credit losses pushed net profit into a loss in the fourth quarter.
BusinessPayment company Klarna is launching its own cryptocurrency: Klarna USD. The aim is to “significantly reduce costs for both consumers and merchants,” the payment company writes in a press release.
BusinessPayments company Klarna is growing like crazy, according to the first quarterly report after its IPO on Wall Street last fall. Both the number of users and revenue exceeded expectations. The third quarter was the strongest to date, says CEO and co-founder Sebastian Siemiatkowski.
BusinessWaving with Swedish flags does not mean much to him. But what he calls "Swedishness" is highly valued by payment company Klarna's CEO and co-founder Sebastian Siemiatkowski. It is a huge asset, he says about being a Swedish manager in an international large company.
BusinessKlarna's CEO and co-founder Sebastian Siemiatkowski has mortgaged Klarna shares to take economic control over the holding company K Friends Partners, with shares in Klarna. The Klarna chief's loan of over one billion kronor was taken out in the Swedish major bank SEB, reports Bloomberg.
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