‘Buying now, later paying’ service Klarna reveals losing, because some shopaholics refuse to settle loans

The Swedish fintech company Klarna is now struggling with a few financial losses while customers lag behind refunds of loans.

The service ‘Now, pay later pay later’ is popular To allow shoppers to split payments into interest -free chunksBut the model is now being examined because some users are unable or are not willing to repay what they owe.

While Klarna’s user base showed impressive growth in the first quarter, the loss of net for the first three months of 2025 was $ 99 million, they unveiled in their last winning report.

The first quarterly losses in the first quarter reached $ 136 million, which marked an increase of 17 percent compared to last year.

A spokesperson for Klarna told DailyMail.com that the increase in losses was ‘proportional to the total growth of Klarna in the company volume’.

They also emphasized that in the US ‘delinquency rates are the same as a year ago.’

People online responded hilariously to the news, with a number of shopaholics that are kidding that they might have contributed to the losses of the company.

Swedish fintech -service Klarna is now struggling with enormous financial losses when customers lag behind refunds of loans

“I feel so damn guilty. I am there to pay them this $ 143.26, “wrote one.

A second said: ‘I’m glad they denied me. They would have been $ 136.2 million in debts. ‘

‘Well, it’s not me! They continue to increase my purchasing power and I am here, “another person.

“Let me lie down the $ 72.92 I owe them and help them a little bit,” wrote a fourth.

It was said: ‘Let me continue a order something before they submit bankruptcy fun. ‘

Another joke, “It seems that Klarna must register for after paying!”

A responsible spender wrote: “You have given the honor to people who were not eligible for credit and you expected to pay you?!”

Klarna CEO and co-founder Sebastian Siemiatkowski said that he was happy with the ‘unmistakable momentum’ of the company in a flowing statement issued in their winning report.

Klarna enables Shoppers to split payments into interest -free chunks, but the model is now being examined because a growing number of users is unable or not willing to pay back what they owe

“Klarna has reached 100 million consumers and secured exclusive partnerships with large retailers such as Walmart via Onepay, collaborated with Doordash and expanded our partnership with eBay to the US after several successful European launches,” he said.

“Our AI-First strategy leads to exceptional returns, we surpass competitors, our trade network scales quickly and our next generation products reform money management for millions.”

A quarter of American adults uses ‘buy now, pay later’ services for groceries, According to a disturbing new poll That suggests that a recession looms.

A survey among 2,000 adults by Leningbedrijf Lending Tree also discovered that 41 percent of people who now buy used later services paid for a payment theadline – seven percent more than the year before.

The data, reported for the first time by CNBC, indicate imminent economic downfall if millions of ordinary Americans are stuck under the weight of rising supermarket prices, with inflation still unfounded.

Large supermarkets, including Kroger, Shaw’s, Ralphs and Whole Foods, let customers pay with the most popular buy now, pay later service – Klarna.

Instacart, with which users can order groceries via an app that is then delivered to their house, Klarna also offers as a payment option.

Klarna, who started in Sweden in 2005, let users split the costs of a payment into four payments that must be completed within 30 days.

This avoids interest costs and is the main reason why many people use services such as Klarna instead of credit cards.