Payments firm Klarna's Jan-Sep losses grow on soured credits


FILE PHOTO: A smartphone displays a Klarna logo on top of banknotes is in this illustration taken January 6, 2020. REUTERS/Dado Ruvic

STOCKHOLM (Reuters) - Losses for Swedish payments firm Klarna deepened in the year to the end of September, while transactions using its platform jumped in the final three months of the period, results published on Friday showed.

Operating losses at Klarna, a "buy now, pay later" company, widened to 3.13 billion crowns ($344.1 million) in the January-September period, from 801 million crowns a year ago.

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