Klarna Files for US IPO Amid Valuation Recovery
The Swedish fintech giant aims for a public listing following a significant valuation rebound and strategic expansion in the US market.
- Klarna has confidentially submitted draft registration documents to the US SEC for an initial public offering.
- The company's valuation, once at $45.6 billion, had dropped to $6.7 billion but has recently climbed back to $14.6 billion.
- The IPO is expected to occur after the SEC's review, with timing subject to market conditions.
- Klarna's decision to list in the US aligns with its focus on expanding its presence in the American market.
- The firm is also exploring diversification beyond its core buy-now, pay-later services, including potential stock trading features.