Klarna's quarterly transaction value nearly doubles in Q1


FILE PHOTO: A smartphone displays a Klarna logo in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration

STOCKHOLM (Reuters) -Swedish "buy now, pay later" company Klarna on Friday reported a jump in transactions using its platform in the January to March quarter, helped mainly by growth in the United States.

Klarna's gross merchandise volume (GMV) - the value of transactions made using its payment platform - nearly doubled to $18.9 billion in the first quarter from $9.9 billion a year ago.

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