in the US in June. It rewards customers for timely repayments, and is the first loyalty scheme of its kind in the buy now, pay later industry.
These sales are 44% higher than in the same period in 2019. The higher sales meant Klarna saw a total net operating income of 4.6 billion krona – a 37% rise from the year before. Klarna's popularity is also growing across western Europe and Australia — it credits this rise to its transparency and the financial flexibility it gives users.
Buy now, pay later? Bro it’s called a credit card, they been around for a while.
Talk about scaling aggressively 🤷♂️
Shocking.
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