Klarna Plans U.S. IPO to Raise Up to $1.46 Billion
Klarna, a Swedish fintech known for its buy now, pay later services, plans to raise up to $1.27 billion through an IPO on the NYSE, valuing the company at up to $14 billion, with shares priced between $35 and $37. The offering includes new shares and existing shareholder sales, with major banks acting as underwriters. Despite a recent financial loss and a significant drop in valuation from its peak, Klarna aims to expand its product offerings and capitalize on its market presence.
