What is Klarna's plan for its upcoming U.S. IPO?

Klarna, the Swedish fintech company, is relaunching its plans to go public in the United States next month, targeting a valuation of $13-$14 billion.

What is the goal for Klarna's upcoming U.S. IPO?

Klarna aims to raise close to $1 billion from the upcoming IPO, as the company navigates the challenges posed by economic uncertainty and increased competition in the fintech sector.

Home / Business and Economy / Klarna Relaunches $1 Billion U.S. IPO at $13-$14 Billion Valuation

Klarna Relaunches $1 Billion U.S. IPO at $13-$14 Billion Valuation

Q: How does Klarna's current IPO valuation compare to its previous target?

Klarna's current valuation target of $13-$14 billion is a significant decrease from its previous $50 billion ambition, reflecting the changing dynamics in the fintech industry.

26 Aug

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Summary

Klarna paused IPO plans in April 2025 due to market volatility
Klarna now aims for $13-$14 billion valuation, down from $50 billion target
Klarna seeks to raise close to $1 billion from the upcoming IPO

Klarna Relaunches $1 Billion U.S. IPO at $13-$14 Billion Valuation

In a move that signals a shift in the fintech landscape, Swedish company Klarna is set to restart its plans for a U.S. initial public offering (IPO) next month. According to sources familiar with the matter, Klarna is now targeting a valuation between $13 billion and $14 billion, a significant decrease from its previous $50 billion ambition.

The company had initially paused its IPO plans in April 2025 amid global market volatility triggered by the Trump administration's sweeping tariffs. Klarna had also explored going public in 2021 but ultimately decided against it. Now, the fintech firm is poised to price its shares between $34 and $36, with the goal of raising close to $1 billion from the upcoming IPO.

This downsized valuation reflects the changing dynamics in the fintech industry, as companies navigate the challenges posed by economic uncertainty and increased competition. Klarna's decision to revive its public listing plans suggests a cautious optimism about the market's appetite for its innovative financial services offerings.

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