TL;DR: As Klarna moves beyond interest-free loans, it’s up against PayPal—which has 4x the users but only ⅓ the BNPL GMV—as it looks to strengthen its two-sided, closed-loop, parallel payments network. Klarna generated $2.8B in revenue in 2024, up 24% from 2023, posting its first yearly profit as it prepares to go public. For more, check out our full Klarna report and dataset...