Klarna doubles losses in first quarter as IPO remains on hold

TL;DR


Summary:
- Klarna, a Swedish fintech company, has reported a significant increase in its losses during the first quarter of 2025.
- The company's losses have doubled compared to the same period in the previous year, indicating financial challenges.
- Klarna's initial public offering (IPO) plans remain on hold, suggesting the company is facing difficulties in its growth and profitability.

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