Klarna

🚀 Big news from Klarna! Our H1 results just dropped, here are some of the highlights: 💰 Revenue Growth: We booked $1.3B in revenue for H1 2024, marking a 27% year-over-year increase.  🇺🇸 US Market Success: We keep winning in the US! US gross profit surged by 93% in H1, and after seven consecutive quarters of profitability, we've fully recouped our investment in the US market. 🤖 AI Impact: AI is driving real results—our revenue per employee jumped 73%, with each Klarna employee generating over $650k in revenue over the past year. This efficiency helped us grow revenue while keeping operating expenses flat. 📈 Profit Turnaround: We flipped from a $43M loss in H1 last year to a $64M profit in 2024 — a $107M improvement. Check out the full H1 results to see how Klarna is leading the way in payments and shopping innovation!

🎧 Catch the Latest Podcast with Klarna’s CEO! In the newest episode of the Handelsblatt Disrupt Podcast, our CEO and co-founder, Sebastian Siemiatkowski sits down with Handelsblatt editor-in-chief Sebastian Matthes for an insightful conversation about Klarna’s vision for the future. From our ambition of becoming a leading digital financial assistant to our strategic entry into the banking sector, Sebastian shares how we’re positioning Klarna for long-term success. He also discusses how we’re using AI to innovate and drive growth, our approach to retaining top talent, and even gives a glimpse into his first meeting with OpenAI founder Sam Altman. Don’t miss this deep dive into Klarna’s journey and what’s next for us in the transformative era of genAI. The podcast recording is in English. Listen here: https://lnkd.in/eSp3hya5

🚀 Breaking new ground! Klarna is on a mission to disrupt retail banking, and we’re taking a BIG step forward. Introducing two new features, Klarna balance and cashback, to transform your everyday spending and saving habits. 💰 Now, Klarna is not just your shopping assistant, but also your everyday spending partner. With Klarna balance, you can store money directly from your bank account, earn cashback rewards when you shop in the Klarna app, and manage refunds from returned items more efficiently. 💼 And the cherry on top? Our cashback feature rewards you for shopping in the Klarna app! Earn up to a whopping 10% back on purchases with participating retailers, with the flexibility to spend it wherever Klarna is available. 🍒 Our CEO, Sebastian Siemiatkowski, shares, “Today's launches are a major step forward, allowing consumers to earn money while they shop and manage it in a Klarna account." Join us as we continue to revolutionize the world of retail banking. Ready to earn while you shop? Start with Klarna today! 🛍️ #Klarna #RetailBanking #EverydaySpending #CashbackRewards https://lnkd.in/gJEBs5dU

We are honored to share that Klarna has been selected as a finalist for the prestigious Reuters Events Sustainable Business Sustainability Awards for the second year in a row, this time in the category Net Zero: Leadership! 🏅🌍 This nomination celebrates our steadfast commitment to achieving a net-zero future through our innovative, impact-focused climate strategy: reducing our own emissions while supporting the solutions that will unlock global net zero with our climate contributions. Achievements we're proud of: • We reduced our absolute scope 1, 2, and 3 emissions 25% in 2023 compared to 2022. • We made climate contributions of $2M this year and $7m to date to support 45 organizations tackling the climate crisis.  Learn more about Klarna’s approach to climate action, here 👉 https://lnkd.in/eeSn47dm #SusAwards2024 #ClimateAction #NetZeroTransition #KlarnaSustainability

🎙️ How will GenAI shape the future of #fintech, #banking, and #shopping? Klarna’s CEO, Sebastian Siemiatkowski, recently joined Sequoia Capital's AI podcast, hosted by Sonya Huang and Pat Grady, to share his vision on this transformative tech. From Klarna’s innovative journey with AI to practical tips on harnessing its massive potential, Sebastian's insights are a must-listen.. 🌐 Beyond our walls: Sebastian explored AI's broader societal implications, highlighting the critical need for electronic identification to combat fraud. He also addressed the delicate balance between technological progress and job displacement, emphasizing responsible innovation. 🚀 Looking ahead: Expect AI-driven features that will accelerate Klarna even more as we build the commerce network for the next generation.  Listen on Spotify (https://seq.vc/ao3), Apple (https://seq.vc/xmd) or have a look below 👇 https://lnkd.in/gqySBG_g

Now that the 🗳 European elections are over, the European Parliament and European Commission are appointing a new Parliament, top jobs and Commissioners in Brussels. At Klarna, we’re consumer-focused and want to make sure our customers' voices are heard. That’s why we ran a three week campaign in Sweden, Germany, France, Italy, Spain and the Netherlands to understand what they wanted for a thriving Europe. Here’s a glimpse into their hopes, concerns, and priorities for the next five years. With big regulatory challenges ahead for Europe in payments, banking, AI, competition and capital markets, we urge European and local politicians to seize the opportunity to enhance competitiveness and promote further innovation. #EUPinkDeal #Europe https://lnkd.in/eNnAm7un

🥁🥁🥁DRUM ROLL PLEASE! 🥁🥁🥁 We bring you the new and improved Klarna app! 🎉 Our dedicated teams have been working for 10 months to bring you an amazing new shopping experience. 🛍️ Now, you can manage your payments, deliveries, and budget all in one place. Plus, you can sync all your cards and balances, set your preferences, and personalize your profile. 🙌 With over 85 million downloads and a monthly active user base of 27 million, we are committed to making your online shopping experience smoother and more efficient than ever! 🚀 So why wait? Dive into the future of online shopping! Download the new Klarna app and take control of your shopping experience. Let us know what you think in the comments below! 👇 #KlarnaApp #FutureOfShopping #SmooothShoppingExperience.

🥳 Big news, fashion enthusiasts! Iconic brand, The Kooples, is bringing their rebellious ethos to your shopping experience! They've teamed up with Klarna in not just one, but 7 countries 🌍: France, Austria, Belgium, Germany, Italy, Netherlands, and Spain. Klarna is making waves in the retail sector. Our flexible and safe payment system lets you shop now and pay later, making it easier than ever to snag that coveted piece from The Kooples. 📣So, let's make some noise! No more waiting, no more wishing. With The Kooples and Klarna, your next fashion statement is just a click away. Drop a '💙' if you're as excited as we are to try Klarna at The Kooples. #TheKooplesXKlarna #FashionRevolution #PaymentSolutions

💥Breaking News! We're thrilled to announce our partnership with Adobe Commerce! 🚀 We at Klarna are all about making payments flexible and smooth for both merchants and consumers. 🛍️ Now, with our new partnership, we're taking things up a notch. Together with Adobe Commerce, we're enabling merchants to easily implement our Buy Now Pay Later (BNPL) services. In other words, we're bringing more payment flexibility to consumers. 🌐 This partnership not only boosts the operational capacities of merchants, but also greatly enhances the shopping experience for consumers. 🚀 And the best part? Adobe Analytics data shows over 11% growth in the embrace of BNPL services this year. This collaboration helps Adobe Commerce merchants stay competitive in today's digital economy. 💪 Join us in this journey of transformation. Let's redefine payment solutions, together. Are you ready? 🤝 #KlarnaAdobePartnership #FlexiblePayments #BNPL #DigitalEconomy https://lnkd.in/ehFChQcm

We're thrilled to announce the launch of our 'Financial Takeaway' series, featuring the beloved UK TV chef Big Zuu and finance expert Bola Sol. This initiative is part of our ongoing commitment to break down financial language barriers in the UK, at a time when understanding money matters is crucial, but challenging for many. Our recent research shows that: 📚 40% of Brits find learning financial terms harder than mastering a new language, with the younger generation feeling the most pressure. 📉Over £6 billion is lost annually due to misunderstandings of financial terms. This isn't just about money; it's about empowering individuals with the confidence to make informed decisions and take control of their financial futures. To tackle this, our ‘Financial Takeaway’ series aims to demystify three of the most commonly misunderstood terms, helping to make understanding financial jargon easier to swallow. Watch the first episode for Big Zuu X Klarna’s Financial Takeaway Series https://lnkd.in/eSzmfQhz