Profitable Klarna Files for IPO, Aiming for $15 Billion Valuation
Klarna has officially filed for its U.S. IPO, targeting a $15 billion valuation.
Matilda
Profitable Klarna Files for IPO, Aiming for $15 Billion Valuation
Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 prospectus public. We are sifting through the document now. Image:Noam Galai / Getty Images Klarna hopes to raise at least $1 billion at a $15 billion valuation with this IPO, Bloomberg reported last week. The public documents don’t yet reveal how many shares it plans to sell or the price range, so we won’t know if this IPO will meet its fundraising aspirations or not until it prices shares. That’s typically around a month, sometimes more, after the prospectus documents are made public for everyone to chew on. However, this IPO has been anticipated for years now so perhaps its bankers have some indication that investors will bite at that level. One reason could be that Klarna’s previous private valuation recently rebounded to $14.6 billion, according to reports, after one investor increased its stake. Another could be that Klarna is reporting a profit. Specifically, Klarna reported r…
