Klarna's Resurrection: narrowing losses and preparing for the biggest IPO of 2024 🤑🔔
FinTech is Eating the World, 4 March
Hey Everyone,
Good morning! We’re starting a new FinTech week on Tuesday but it’s totally worth the wait 🫡 Today we’re going to analyze Klarna’s resurrection as it preps for the biggest IPO of 2024 (a deep dive into their latest numbers to see what they mean & what’s next for Klarna + some solid bonus reads & further dives inside). So let’s just jump straight into the fascinating stuff 🌶
Klarna's Resurrection: narrowing losses and preparing for the biggest IPO of 2024 🤑🔔
The news 🗞️ Klarna, the Swedish FinTech giant, is staging an impressive comeback after a tumultuous period. The Buy Now, Pay Later (BNPL) pioneer has recently published full-year financials and reported a significant narrowing of losses in 2023, further fueling speculation about a potential initial public offering (IPO) later this year.
Let’s take a deeper dive into the most important numbers, uncover what they mean, and see what’s next for Klarna.