Klarna Reports Q4 GMV of $38.7B, Banking Users Up 101%
Reports Q4 GMV $38.7B. Reports 4.2M active Klarna Card users. Reports 15.8M banking consumers, up 101%. "We've been executing on a clear plan: acquire customers through seamless payments, then deepen those relationships into banking," said Sebastian Siemiatkowski, CEO and co-founder of Klarna. "Q4 showed that people want a bank that works for them, not against them. The number of our banking consumers has doubled in the past year, generating more than three times the revenue of our average consumers. Consumers are moving away from predatory revolving credit and we're building the transparent alternative they deserve."
