Klarna breaks even for first time since blockbuster New York IPO
Shares in European fintech have plunged 70% since September
Shares in European fintech have plunged 70% since September

Swedish fintech began trading Wednesday after tariff turmoil halted earlier listing plan

Swedish fintech’s share price has plummeted by two-thirds since September IPO

Revenues jump a fifth to $823mn as Swedish buy now, pay later group continues US expansion and neobank drive

Swedish group has been diversifying away from its bread-and-butter model of deferred payment loans

Digital token will aimed at merchants moving large sums and may also be offered to consumers

Fast-growing market comes under greater scrutiny for potential risks after series of setbacks