Swedish Fintech Klarna Files for U.S. IPO at $14.6B Valuation

Nov 13, 2024, 09:47 AM

Klarna, the Swedish fintech company known for its buy-now, pay-later services, has officially filed for an initial public offering (IPO) in the United States. The move ends months of speculation about the company's plans for a stock market listing. Klarna's valuation has been a topic of interest, with analysts estimating it at around $14.6 billion in October 2024, an improvement from its $6.7 billion valuation in 2022, though still down from its peak of $45.6 billion in 2021. The IPO filing was made confidentially with the SEC, signaling the beginning of Klarna's journey to go public.