Klarna Posts Loss as Credit Provisions Swell in Line With Growth
Klarna Group Plc posted a pretax loss of $16 million in the fourth quarter, as the firm set aside more money for potentially souring loans compared to a year ago.
By Aisha S Gani · Bloomberg Markets
Klarna Group Plc posted a pretax loss of $16 million in the fourth quarter, as the firm set aside more money for potentially souring loans compared to a year ago.