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Debt Relief

Klarna’s Rising Losses and What It Means for American Consumers

Young Woman in yellow sweater shrugging

In the latest sign of rising financial strain, Klarna—one of the world’s largest “buy now, pay later” (BNPL) services—has reported a net loss of $99 million in Q1 of 2025, more than double its losses from the same period last year. Even more concerning: Klarna’s customer credit losses rose to $136 million, a sharp indicator