Buy now, pay later lender Klarna files for U.S. IPO
Publishing timestamp: 2025-03-14 20:48:55
Summary
Klarna filed for IPO in the U.S. under ticker symbol KLAR, dealing a blow to European stock exchanges. The company, once valued at $46 billion, saw its valuation drop to $6.7 billion in 2022 but is now estimated to be in the $15 billion range. Klarna is known for its buy now, pay later model and is aiming to compete with other financial services companies like Affirm and Afterpay. Market volatility could impact Klarna's IPO plans.
Sentiment: MIXED
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Source: https://www.cnbc.com/2025/03/14/buy-now-pay-later-lender-klarna-files-for-us-ipo.html