STOCKHOLM: Swedish “buy now, pay later” company Klarna on Friday reported a jump in transactions using its platform for the January-March quarter, helped mainly by growth in the United States.

Klarna’s gross merchandise volume (GMV) – the value of transactions made using its payment platform – nearly doubled to US$18.9 billion for the quarter from US$9.9 billion a year ago.

(Reporting by Supantha Mukherjee, European Technology & Telecoms Correspondent, based in Stockholm, Editing by Helena Soderpalm)

Source: Reuters
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