Klarna

🚀 Klarna's Q1 2024 Results Are In! 🚀 Here are the highlights: 💰 Another Profitable Quarter with a substantial SEK 727m improvement in adjusted operating income. 📈 29% Revenue Growth: revenue surged by 29% year-over-year, as we go to strength to strength in the US. 🤖 AI-Powered Success: The power of artificial intelligence continues to drive our success, enabling us to lower operating expenses and enhance efficiency across our operations. 🌍 Global Expansion: We are expanding our presence globally, forging new partnerships with leading brands and merchants, and bringing our innovative solutions to even more consumers around the world. 👇Follow the link in the comments to read the full press release.

🚀 Klarna is at the forefront of AI innovation! 🚀 Did you know that Klarna is one of the most advanced companies globally in genAI adoption? 90% of our employees use genAI in their daily tasks, transforming the way we work and OpenAI has recognized Klarna as one of the few companies with a live, impactful genAI application delivering real-world benefits. 🌐 In our marketing department, AI is a game-changer, enabling us to achieve more while saving tens of millions annually. Take image production, for example. We've created over 1,000 images and launched numerous campaigns, all while saving $1.5M in the first quarter alone. 📸💡 Thanks to AI, we've cut spending on external marketing suppliers by 25%, covering translation, production, CRM, and social agencies. This translates to projected savings of $4M in 2024! 💰 At Klarna, we're not just keeping up with the future—we're leading the way. https://lnkd.in/dVN87_3A #Innovation #AI #MarketingRevolution #KlarnaAI #GenAI #FutureOfWork

Sebastian Siemiatkowski joined CNBC’s Money Movers last week with Carl Quintanilla and Leslie Picker, sharing our take on the CFPB guidance, how Klarna/BNPL is a healthier and more sustainable payment method to predatory credit cards, and the success we’re seeing in the US with nearly 40m consumers, new retail partnerships with Uber & Expedia, and other exciting things on the horizon! Watch the full interview here 🚀 https://lnkd.in/eEayMm46

🇪🇺 Europe is getting ready for an important election on June 6-9. At Klarna, we believe that it's time for smarter regulations that empower local fintechs to compete, innovate, grow and – ultimately deliver maximum value to consumers and society as a whole. 📣 In our ongoing conversations with policymakers, we want to raise the voices of our customers and partners. To make this a reality, we need everyone to share their vision for a better Europe. 🤳Log into your Klarna-app, click on the banner and share your ideas with us through the form. #EUelections2024 #EUpinkdeal #policy European Commission European Parliament Council of the European Union

Our CMO, David Sandstrom spoke to EMARKETER about what makes Klarna’s ad business different. “We’re almost a hybrid between a retailer and a payments company. We know that someone has bought something from Gap for $49, but it’s not just the SKU—it’s the color, size, fabric. We have full granularity into what people buy.” Read the full article below! #RetailMediaNetwork #Klarna https://lnkd.in/ei4QqMzD

Today, the Consumer Financial Protection Bureau took a significant step forward in regulating BNPL, which Klarna has actively called for over many years. We haven’t waited for regulation and already operate at high standard, including investigating consumer disputes, covering related refunds and providing purchase information in the Klarna app. But it is baffling that the CFPB has overlooked the fundamental differences between interest-free BNPL and credit cards, whose whole business model is based on trapping customers into a cycle of paying sky-high interest rates month after month. Read more on our blog. 👇

We hosted an insightful session on May 1st at Innovation Zero London, exploring the future of corporate climate initiatives with our friends from Justdiggit, Yama, and Milkywire 🌍. Our focus? Pushing the boundaries of climate impact that goes beyond value chain emissions mitigation. Here’s what we delved into: 📉 Introducing an Internal Carbon Tax: A strategic move towards greater corporate responsibility and environmental accountability. 🌱 Kickstarting Impact-Focused Climate Funds: Channeling financial contributions towards vital, innovative solutions for achieving a net-zero world. 🌎 The Future of Climate Action: More companies enable contributions to innovative methods of removing carbon from the atmosphere. And these solutions need to be built to scale rapidly to ensure we can cover both historical and future emissions. We’re so grateful for the opportunity to spark this critical conversation and are motivated by our united pursuit of sustainability and innovative thinking 🚀. Thank you to everyone who participated!

This week Sebastian Siemiatkowski joined Caroline Hyde and Edward Ludlow in Bloomberg’s studio to discuss the importance of the Klarna Card and how it’s a safer and more sustainable alternative to traditional credit, the state of the consumer, our continued push into Gen AI and more. Watch the full episode here! https://lnkd.in/eAD6_ct8

🇸🇰 Ahoj Slovakia!🇸🇰 🌟 We’re thrilled to announce that Klarna arrives in Slovakia with our shopping app and flexible payment services, accompanied by amazing brands: About You, GAP, Orsay, Sportega, Lentiamo, Alensa and Joom! This exciting launch marks Klarna's expansion into our fifth market in Central and Eastern Europe, following Poland, Czech Republic, Romania, and Hungary - it's a significant milestone in our journey to redefine the future of payments! 🚀 Learn more about our expansion into Slovakia here: https://lnkd.in/eGAJYpq2

🚀 Klarna is now the official partner of the German Men's National Football Team! 🇩🇪⚽ With our three year partnership with the DFB, kicking off just in time for the European Championship only a month away, we are setting the stage for our joint commitment to innovation that enhances the experiences of football fans and consumers alike. “At Klarna, we want to make the way people shop and pay easier and more seamless. We stand for changing society with innovation. Similarly, DFB is taking innovative paths in the field of football. We are looking forward to moving into the future together with the DFB!” says Dominic Hoffmann, Head of Northern and Central Europe at Klarna: This summer's European Championship will witness the first of many joint initiatives as part of this exciting collaboration. This partnership not only emphasizes Klarna’s commitment and strong foothold in the German market, but also our shared vision with DFB to reshape the future of sports and commerce together - and it all starts at the European Championship! Curious to know more? Dive into the details here: https://lnkd.in/dJ7qWuzh   #Klarna #DFB #Innovation #Partnership #Football #TechInSports #FutureIsNow #EuropeanChampionship #Euro2024