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Feature Story
Klarna’s revenue per employee soars to nearly $1M thanks to AI efficiency push | TechCrunch
May 20, 2025 · techcrunch.com
In March, Klarna filed for a U.S. IPO but postponed it due to market volatility following President Trump's tariff announcement. Despite a 13% increase in revenue to $701 million in Q1 2025, Klarna has not provided a new timeline for its IPO plans.
Key takeaways
- Klarna has significantly increased its reliance on AI, ending its contract with Salesforce CRM and reducing hiring efforts.
- The company aims to reach $1 million in revenue per employee, up from $575,000 per worker the previous year.
- Klarna's AI initiatives have notably reduced customer service costs, although customers can now choose to speak with human agents again.
- Klarna postponed its U.S. IPO plans due to market volatility caused by President Trump's tariff announcement, despite a 13% revenue increase in Q1 2025.