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Klarna Reports $1.042 Billion in Second-Quarter Revenue

Klarna Reports $1.042 Billion in Second-Quarter Revenue

Photo: TokenPost

Klarna reported second-quarter revenue of $1.042 billion, up 27% from a year earlier, and net income of $9 million, compared with a $53 million loss in the year-earlier quarter. On Oct. 21, the payments company launched Consumer FX, which lets shoppers pay participating international Klarna merchants in their own currency without an exchange fee. Klarna also announced plans on Oct. 19 to join Fiserv’s Commerce Hub. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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