Klarna: profitable FinTech giant poised for sustainable growth in AI Era 🤖; Consumer loan delinquencies slow their climb 📉; PayPal expands PYUSD to Solana, signaling adoption of digital assets 💸

FinTech is Eating the World, 30 May

Hey Everyone,

Good morning & happy Friday! Today’s issue is super packed and resourceful as we’re going to look into Klarna’s latest financials (why this profitable FinTech giant is poised for sustainable growth in the AI Era + more bonus reads & deep dives inside), consumer loan delinquencies that are slowing their climb (quick look at the latest data & why it matters), and PayPal that just expanded its PYUSD stablecoin to Solana (what it’s all about & why it matters + more deep dives & bonus reads on the finance giant). So let’s just jump straight into the awesome stuff 🌶

Klarna: a profitable FinTech giant that’s poised for sustainable growth in the AI Era 📈🤖

The news 🗞️ Swedish FinTech giant and BNPL heavyweight Klarna just posted its latest Q1 2024 financial results that showcase a company that has successfully navigated the challenges of the past year and emerged with a strong foundation for future growth.

Let’s take a closer look at this, unpack the most important numbers, and see what they tell us about Klarna’s future.