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Klarna Revives U.S. IPO for September at $13–$14 Billion Valuation

The move follows a spring pause triggered by U.S. tariff volatility.

A sign is pictured at the entrance of Klarna's headquarters in Stockholm, Sweden on May 25, 2022. REUTERS/Supantha Mukherjee/File Photo
Klarna
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Klarna’s marketing campaigns make use of the company’s pink branding

Overview

  • Reuters reports that shares could be priced at $34 to $36, with terms potentially set as early as this week.
  • One source says Klarna is targeting proceeds of nearly $1 billion from the offering.
  • The company publicly filed on March 14 and then paused the listing weeks later after markets were roiled by tariff announcements.
  • Klarna’s latest quarter showed roughly 20% revenue growth to about $823–$824 million as pre-tax losses widened to around $46 million from $19 million a year earlier.
  • Klarna has lined up large funding lines, including a reported $26 billion deal with Nelnet and a €1.4 billion facility from Santander, and it declined to comment on the revived IPO reports.