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Klarna reports first ever losses in 2019
Swedish ‘buy now pay later’ FinTech Klarna has seen red numbers for the first time ever, reporting operating income losses of SEK1.1 billion (£88 million) compared to a growth of SEK161 million (£13 million) in 2018. The losses have been attributed to its expansion into UK and US markets and represent the 15-year-old company's first…
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