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Fintech Firm Klarna raises $1.37B in US IPO, Sets Stage for Market Debut
Yahoo Finance· 2025-09-10 15:51
Swedish payments firm Klarna raised $1.37 billion in its U.S. initial public offering (IPO), amid burgeoning US market debuts. The “Buy Now, Pay Later” (BNPL) lender reported 34.3 million shares sale valued at $40 each, above its marketed $35-$37 range. Per a Reuters report, the sale equates Klarna to a $15 billion valuation. The firm’s valuation slumped to $6.7 billion in 2022, at a time when interest rates and inflation were soaring. Klarna made its crypto foray in February, with CEO Sebastian Siemiat ...