The US is now Klarna’s biggest market
The US has overtaken Germany as the BNPL’s largest market.
Klarna seems to be kicking off the year on a high note as the US overtakes Germany as its largest market by revenue.
It ended the year on more of an uptick though, forecasting that in the second half of 2023, it would see itself back into the monthly profits it saw in 2019.
After the last few years of investing heavily in its US growth, the US is now the BNPL giant’s largest market, having overtaken Germany.
CEO Sebastian Siemiatkowski shared the news on Twitter last Friday.
“And it is official! US is finally Klarnas largest market by revenue followed by Germany,” Siemiatkowski wrote.
“Tremendous growth despite challenging macro.”
And it is official! US is finally Klarnas largest market by revenue Followed by Germany Tremendous growth despite challenging macro
— Sebastian Siemiatkowski (@klarnaseb)
Worldwide, Klarna has more than 450,000 merchants, 150 million active consumers and sees two million transactions every day across 45 countries.