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Buy now, pay later lender Klarna files for U.S. IPO

14 March 2025
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Buy now, pay later lender Klarna files for U.S. IPO
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Klarna, a Swedish provider of buy now, pay later loans, filed for an IPO on the New York Stock Exchange under ticker symbol KLAR, with no details yet on the number of shares or price range. The decision to go public in the U.S. deals a blow to European stock exchanges, with Klarna aiming to rebuild after a valuation drop to $6.7 billion, now estimated at around $15 billion, fueled by a return to profitability in 2023. Market volatility may impact Klarna’s plans, as tech companies continue to seek IPO opportunities amid a slow period for new offerings in the U.S.

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