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Klarna to Raise as Much as $1.27B in Revived IPO
Klarna aims to raise $1.27 billion in a U.S. IPO at a $14 billion valuation, marking a significant recovery from its 2022 low and reflecting growing investor interest in fintech.
- Klarna has revived its U.S. IPO filing on Tuesday to list on the New York Stock Exchange under ticker KLAR, seeking up to $1.27 billion and a $14 billion valuation.
- Earlier this year, Klarna paused its IPO after U.S. tariff announcements caused market volatility, but Adam Hallquist said, `The market is open between now and the end of the year for scaled, well-known, and venture-backed names to go public.`
- Goldman Sachs, J.P. Morgan and Morgan Stanley are leading the offering of 34.3 million shares priced between $35 and $37, with 5.56 million newly issued and the rest sold by existing shareholders.
- Analysts say Klarna's IPO will test investor appetite in the fintech sector, and a successful listing could encourage other fintech firms considering IPOs to pursue public offerings.
- As of June 30, Klarna counted 111 million active consumers and 790,000 merchants, facilitating $112 billion in GMV and generating $3 billion in revenues for the year.
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3 reasons why Klarna’s valuation has fallen by nearly 70% from its peak just a few years ago
Klarna went from Europe’s most valuable startup to a lesson in how fast fortunes can change—and now, the long-delayed IPO is finally happening. The Swedish company turned “buy now, pay later,” or BNPL into a global catchphrase and won the hearts of Gen Z along the way. Now it’s preparing to list shares at an estimated $14 billion valuation, but it’s been quite a ride to get there, including a 69% fall from the $45.6 billion perch it once enjoyed…
Klarna seeks $14 billion IPO valuation as it takes on the big banks. But can it turn a profit?
Klarna hasn’t recorded an annual profit since 2018, and has seen its bottom line get hit by its expansion into the U.S. — while rival Affirm has managed better profit performance recently. Article Attribution | Read More at Article Source The post Klarna seeks $14 billion IPO valuation as it takes on the big banks. But can it turn a profit? appeared first on RocketNews.
Klarna IPO is back: Fintech firm to go public in New York
Link URL: https://www.euronews.com/business/2025/09/02/klarna-ipo-is-back-fintech-firm-revives-its-initiative-to-go-public Comments URL: https://tildes.net/~finance/1pz3/swedish_financial_technology_company_klarna_announces_launch_of_its_initial_public_offering_months Votes: 1 Comments: 0
Fintech startup Klarna aims to raise $1.27B in U.S. IPO with $14B valuation - Tech Startups
Klarna is gearing up for one of the year’s most anticipated listings. The Swedish fintech, best known for pioneering the buy-now-pay-later model, is expected to raise up to $1.27 billion in its New York Stock Exchange debut. The deal would […] The post Fintech startup Klarna aims to raise $1.27B in U.S. IPO with $14B valuation first appeared on Tech Startups.
Payment giant Klarna plans to list on the New York Stock Exchange, the company announced on Tuesday. The offering involves a total of over 34 million shares and the subscription price is expected to land at between $35 and $37, which is slightly higher than expected.
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