OSLO, Aug 14 (Reuters) - Swedish fintech Klarna, which
in April paused plans for an initial public offering in the
United States, said on Thursday its second-quarter revenue grew
20% from a year ago on a like-for-like basis while adjusted
profits increased slightly.
Klarna's April-June revenue grew to $823 million in the
quarter, while its adjusted operating profit stood at $29
million, an increase of $1 million from the same quarter of last
year, its earnings report showed.
The number of active Klarna customers rose to 111 million in
the quarter, an increase of 31% year-on-year, the company said.
Klarna, which helped reshape online shopping with its
short-term financing model, in April halted its plans for a U.S.
stock market listing amid recession fears and uncertainty over
tariffs, sources familiar with the situation said at the time.
The company had made its paperwork public in March for a
long-awaited stock market debut, after it started the process of
going public for a second time in three years in November 2024.
Klarna did not say when it might resume an initial public
offering. Bloomberg, citing unnamed sources, last month reported
that the company's IPO could take place as soon as September.