Key partnerships propelled Klarna’s Q2 earnings as IPO gets slated for fall

The news: Klarna’s revenues jumped 20% YoY to $823 million in the latest earnings released ahead of its IPO this fall. 

Gross merchandise volume (GMV) spiked 19% to $31.2 billion—nearly four times the size of competitor Affirm’s $8.6 billion. Klarna’s US GMV growth is even more impressive, at 37% YoY.

You've read 0 of 2 free articles this month.

Get more articles - create your free account today!