Particle.news

Download on the App Store

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.
Hero image