Klarna Revives IPO Plans, Targets $1.27B NYSE Listing

Klarna Revives IPO Plans, Targets $1.27B NYSE Listing

Klarna Revives IPO Plans, Aims to Raise $1.27B in NYSE Debut Swedish fintech giant Klarna is back in the IPO spotlight. Klarna revives IPO plans, aims to raise $1.27B through a New York Stock Exchange listing that could value the company at up to $14 billion. Image Credits:Klarna This marks a major comeback for the buy now, pay later (BNPL) pioneer, which has been a key player in reshaping global digital payments. Klarna’s IPO Details Klarna and its shareholders are offering around 34.3 million shares, priced between $35 and $37 each. Of that, Klarna itself will benefit from proceeds tied to 5.6 million shares, while investors will offload nearly 29 million. The stock will trade under the ticker symbol “KLAR.” From Peak Valuation to Recovery Klarna has long been expected to go public. Back in 2021, the company rode the BNPL boom to a staggering $45 billion valuation. But as interest rates climbed and venture capital cooled, Klarna’s valuation plunged by 85%, dropping to $6.5 billion. Despite t…