Payments pay off for Klarna as merchant adoption and consumer use deliver a top-performing year

Admin — Thu, 15 Sep 2022 08:26:25 GMT

36% rise in sales volume in 2018 & 31% lift in revenue
130,000 merchants, with 25,000 new added globally and 26 million new consumers in 2018
UK sees strong growth with a total of 4.4 million consumers and over 70% repeat purchases

London – 29 April 2019. Klarna Bank AB (publ) has released its annual financial report for 2018 (link), revealing that Klarna’s alternative payment methods and checkout services continue to resonate strongly with consumers, merchants and partners across all 14 core markets. With an average of 1 million transactions a day on the platform, Klarna’s total global sales volumes rose by 36% YOY in 2018 to 29bn USD. The rise in volume follows an equally impressive 31% lift in revenue to 627m USD in 2018.

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Payments pay off for Klarna as merchant adoption and consumer use deliver a top-performing year