The buy now, pay later wave that’s been sweeping over retail is finally washing up on Wall Street with the initial public offering of Stockholm-based Klarna. While the company is officially a bank, it’s best known for letting shoppers pay for goods in four interest-free installments. A total of 34.3 million shares were sold for $40 each to investors, who in turn will sell the stock on the open market. More from WWD The offering primarily benefits investors who are cashing out some of their holdings and i ...