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Stockholm, May 28, 2021 /PRNewswire/-Today, Klarna Bank AB (publ) (“Klarna”) released its financial update January 1 —— March 31, 2021. The full report is available at www.klarna.com.
As consumers choose to shop, pay, and bank on its intuitive platform, Klarna’s scalable global model continues to grow, driving growth in all markets, and the global GMV set another record in March. Through successful marketing campaigns and strong retailer partnerships, the United States has once again become a strong growth market because of Klarna’s growing popularity and adoption rate.
Featured during the period
- Global GMV is $18.9 billion/SEK 157 billion1 (2020: US$9.9 billion/97 billion Swedish Krona) Is driven by the growth of all markets and the special momentum of the United States.
- With more than 90 million global active users and 2 million transactions per day, Klarna is meeting the ever-changing needs of consumers who want to shop, pay, and bank on an intuitive platform and a trusted brand. March 2021 Represents another record month for global shopping US$6.9 billion/57.6 billion Swedish kronor Purchases made through the Klarna platform.
- U.S. consumers using Klarna more than doubled year-on-year 17m in April 2021.
- Klarna now works with 24 of the top 100 retailers in the United States, more than any of its competitors, which demonstrates our position as the preferred shopping partner in the world.
- U.S. app downloads increased by 125% year-on-year2, To promote a record GMV through the Klarna US app in March 2021.
- Klarna’s obsession with customers has driven greater engagement and loyalty, and the global downloads of the app are more than twice that of Klarna’s closest competitor.3
- In March, Klarna completed a US$1 billion A round of financing to accelerate international expansion and further capture global retail growth.The post-investment valuation of this round of financing is $31 billion.
- The plan to launch in new markets in 2021 is progressing well, and Klarna will be new Zealand In May, other major markets will be announced soon.
- Klarna is committed to bringing positive changes to mankind and the planet. When it comes to global challenges such as financial anxiety, inequality and the deteriorating health of the planet, we want to be part of the solution. During the quarter, Klarna outlined its new ESG strategy, focusing on three pillars: earth health, diversity and inclusion, and financial health, and its Give One program focused on creating positive environmental impacts launched on Earth Day.
1 Klarna’s results are reported in Swedish Krona.To get the dollar value, from January to March 2021 Have been used. $ 1 Approximately equal to 8.39 Swedish Krona. K. For 2020, 1 Approximately equal to 9.7 Swedish Krona The first three months of 2020.
2 AppAnnie in 2021
3 AppAnnie in 2021
For more information, please contact:
Ofie Hollihan
Vice President of Communications
+46 (0) 72855 8047
press@klarna.com
Or visit:www.klarna.com
About Klana
We make shopping smooth. With Klarna, consumers can buy immediately and pay later so they can get what they like today. Klarna’s services for consumers and retailers include payment, social shopping and personal finance. More than 250,000 retail partners, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress, provide Klarna with innovative online and in-store shopping experiences. Klarna is one of the world’s most highly valued private fintech companies with a valuation of $31 billion. Klarna was founded in 2005, has more than 4,000 employees and is active in 17 countries. For more information, please visit klarna.com.
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View original content:http://www.prnewswire.com/news-releases/klarna-publishes-first-quarter-results—january—march-2021-301301521.html
Source: Klarna Bank AB (public)
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