Klarna also stated that customer credit losses have skyrocketed to $136 million (£101.27 million), equivalent to a 17% year-on-year increase.

Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments startup said its ...

After several quiet years, it appears that 2025 may be the year that the U.S. market finally sees a flurry of fintech IPOs.