The Swedish fintech’s AI‑driven cost cuts and booming US market lifted its Q4 revenue to US$1.08bn – marking a historic shift toward full digital banking
Klarna has surpassed US$1bn in quarterly revenue for the first time, as it continues its rise from a BNPL pioneer to a global digital bank.
Q4 2025 revenue rose 38% to US$1.08bn, driven by US growth and AI‑powered efficiency.
As well as this, banking users doubled to 15.8 million, generating more than three times more revenue per user than payments customers.
With operating costs down 8% and credit losses shrinking, Klarna’s AI-led model is redefining scale and profitability.
