Klarna shrinks losses with gross sales progress and cost-cutting

Klarna Financial institution AB’s losses narrowed within the first half of the 12 months as its rising buyer base continued to pay again their buy-now-pay-later money owed within the face of inflation pressures. The Stockholm-based fintech reported an adjusted working lack of about 2 billion Swedish kronor ($185 million) for the six months via June, down from 6.2 […]