Klarna's US Growth Soars with GMV Up Nearly 50% YOY in Q3
NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Klarna, the AI powered global payments network and shopping assistant, today announced its continued momentum in the US market with several noteworthy achievements in Q3 2023 – its fourth consecutive quarter of gross profit in the market – including a 46% YOY rise in GMV and 28% improvement in credit loss rates. This growth is fueled by increasing adoption and demand for Klarna's increasingly diverse, AI-driven product suite among US consumers and retailers. Today, Klarna reaches over 37 million consumers (32% YOY growth) and 26,000 retail partners (38% YOY growth), including Macy's, Nike, Airbnb, StubHub, Instacart, and more.
- This growth is fueled by increasing adoption and demand for Klarna's increasingly diverse, AI-driven product suite among US consumers and retailers.
- Today, Klarna reaches over 37 million consumers (32% YOY growth) and 26,000 retail partners (38% YOY growth), including Macy's, Nike, Airbnb, StubHub, Instacart, and more.
- "Even in a challenging and evolving economic environment, Klarna's success in the US continues, marked by double-digit YOY GMV growth in Q3, 37 million+ consumers, and a rapidly expanding retailer network," said Sebastian Siemiatkowski, CEO, Klarna.
- The growth and evolution of Klarna in the US has been turbocharged by the company's investment in AI.