Reported about 12 hours ago
Swedish fintech company Klarna announced a 24% increase in revenue for 2024 as it prepares for a highly anticipated IPO in the U.S. The company, known for its buy now, pay later services, reported revenues of $2.81 billion and a profit of $21 million compared to a loss the previous year. Despite prior delays in their IPO plans due to market volatility, Klarna’s move signals a potential resurgence in investor interest in fintech companies amid a projected expansion of the BNPL market.
Source: YAHOO