Swedish fintech Klarna reported second-quarter revenue of about $823 million, a year-on-year increase of roughly 20 %–25 %, but its net loss widened to $53 million from $18 million a year earlier. The loss reflected a 64 % jump in provisions for potential loan defaults to $174 million, as well as a one-off $24 million charge tied to office closures and $26 million in share-based compensation expenses. Klarna said delinquency rates continued to decline and credit losses remained below 1 % of gross merchandise volume. Active customers grew 31 % to 111 million in the quarter and merchant partners reached 790,000, driven by ongoing expansion in the United States and a push into broader banking services beyond its core buy-now-pay-later offering. The earnings update comes as Klarna revives plans for a New York stock-market listing that could take place as early as September. After pausing the flotation in April, the company is stressing its shift toward full-service banking to diversify revenue and reassure investors ahead of a potential public debut.