Klarna diminishes losses with sales development and cost-cutting

Klarna Bank AB’s losses narrowed in the very first half of the year as its growing client base continued to repay their buy-now-pay-later financial obligations in the face of inflation pressures. The Stockholm-based fintech reported an adjusted operating loss of about 2 billion Swedish kronor ($185 million) for the 6 months through June, below 6.2 […]