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Klarna Revives New York IPO, Targeting Up to $1.27 Billion and a $14 Billion Valuation

The deal tests whether public markets will back a leaner Klarna following an April tariff-driven delay.

Overview

  • Klarna and selling holders plan to offer about 34.3 million shares at $35 to $37, seeking as much as $1.27 billion and valuing the company at up to roughly $14 billion.
  • The offering is mostly secondary, with existing shareholders selling about 28.7–29 million shares and the company issuing roughly 5.6 million new shares.
  • Klarna will list on the New York Stock Exchange under the ticker KLAR with Goldman Sachs, J.P. Morgan and Morgan Stanley leading; some reports say pricing is expected Sept. 9.
  • The company reports 111 million active consumers, around 790,000 merchants across 26 countries, and $112 billion in gross merchandise volume over the last 12 months.
  • Recent filings show strong revenue growth and narrower quarterly losses, and the revived plan follows an April pause after President Donald Trump’s tariff announcement unsettled markets.