Klarna Card Users Hit 6.5 Million But Stock Plunges on Lower Outlook
Klarna is getting consumers to use it for more than pay-in-four, but the second quarter also showed what happens to transaction growth when discretionary spending slows in a major market. By the numbers, released on Tuesday (Aug. 18), gross merchandise volume rose 18% year over year to $36.6 billion, while revenue increased 27% to $1.04 […] The post Klarna Card Users Hit 6.5 Million But Stock…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
