Klarna Losses More Than Triple
due to US expansion as well as increasing defaults. About a two minute read.
Comment: wow I was on the inside during the Global Financial crisis, and I’m getting the same vibes from Klarna as I got from Bear Sterns or Lehman Brothers. I suspect its not really a question of will they survive, rather how long until they are acquired. Visa, Paypal, Amazon, Apple, lots of cash rich companies could easily snap up this money losing Fintech.