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Klarna unveils the 53% increase in sales

Sales on the Klarna platform increased by 53% YoY up to $39 billion.

Sales on the Klarna platform increased by 53% YoY up to $39 billion. Klarna has released a statement of financial results for the first half of 2021.

Sales through the platform soared by 53% YoY up to an unbelievable $39 billion, with the largest growth coming from the US market — 311%. Net operating income increased by 40% to $755 million, fee and commission income — by 51%, interest income — by 18%.

From January to June, Klarna entered the markets of France and New Zealand (+ entered Poland in August), carried out several acquisitions, launched the Klarna Everywhere Shopping app in the UK and opened new offices — including an IT hub in Madrid with 500 jobs.

Today, the platform has over 90 million users and 18 million monthly active users — 50% more than last year. 20 million Klarna users are residents of the United States, now Klarna is most of all focused on the development of the American market.

Clients of the Global Technologies Private Portfolio purchased Klarna shares in December 2020. The current return based on the price of securities on the secondary market is 229%.

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