Sebastian Siemiatkowski, ceo and co-founder of Klarna.

It was in september last year as the Swedish Klarna took the plunge into the u.s. market.

It was the start of a strong growth strategy for the Swedish company.

As the Di Digital could report yesterday landed the turnover for the first half of 2016 at close to sek 1.7 billion, an increase of more than 30 percent compared with the year before.

at the same time drops operating profit grew significantly, from close to Sek 163 million in the first half of 2015 to just over 133 Million the first half of 2016.

One of the reasons is that the reported loan losses soared.

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