Payments firm Klarna's operating loss shrinks in Q4

February 28, 2023 08:16 AM CET | By Reuters
Image source: Reuters

STOCKHOLM (Reuters) - Swedish payments firm Klarna Bank AB reported on Tuesday a fourth-quarter operating loss that was smaller than a year earlier and said it was on a solid path towards profitability.

Operating loss at the Swedish "buy-now, pay-later" (BNPL) company was 2.0 billion Swedish crowns ($192.2 million) against a year-earlier 3.5 billion.

($1 = 10.4082 Swedish crowns)

(Reporting by Anna Ringstrom, editing by Terje Solsvik)

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