Klarna Prices US IPO at $40 Per Share
Swedish fintech giant Klarna has made a major debut on Wall Street by pricing its US initial public offering (IPO) at $40 per share, giving the company a valuation of around $15.1 billion. The IPO, launched on September 10, 2025, marks one of the largest listings of the year and was priced above expectations due to strong investor demand. Klarna, known worldwide for its "buy now, pay later" payment solutions, raised $1.37 billion through the sale of 34.3 million shares as it expands its presence in the global digital finance market. The IPO debut on Tuesday positions Klarna as a major player in the evolving digital payments sector. The company will start trading on the New York Stock Exchange under the symbol “KLAR” from Wednesday.
Swedish fintech leader Klarna has successfully priced its highly anticipated US initial public offering (IPO)
at $40 per share, giving the company an overall valuation of approximately $15.1 billion. The IPO, which raised
$1.37 billion, was oversubscribed and priced above the originally marketed range, signaling strong investor demand
for Klarna’s business model and growth prospects.
Background and IPO Details
Klarna, well-known for
its “buy now, pay later” (BNPL) payment solutions, and a group of its shareholders sold 34.3 million shares during
the offering. The company, founded in Sweden in 2005, has expanded rapidly across Europe and North America, serving
over 100 million customers in 26 countries. Klarna’s IPO was seen by many as a bellwether for high-growth fintech
companies seeking to go public in a volatile market environment.
Market Response and Financials
The company’s strong IPO demand reflects revived investor interest in technology and fintech listings after months
of market uncertainty. Klarna previously reached a valuation over $45 billion in 2021 during the height of BNPL
popularity, but like many tech firms, saw its valuation fall amid rising interest rates and tighter global economic
conditions. Despite booking operating and net losses in 2025, Klarna continues to increase revenue, as its core
business—enabling shoppers to split online purchases into manageable payments—gains traction globally.
Trading Debut
Klarna’s shares are set to begin trading on the New York Stock Exchange under the ticker symbol “KLAR” starting
September 10, 2025. The successful IPO marks a major step in Klarna’s evolution from a European fintech start-up
into a global digital financial powerhouse.
This news underscores Klarna’s role as an industry leader and suggests continued momentum for the broader fintech
and “buy now, pay later” sectors in US and global markets.
Swedish fintech leader Klarna has successfully priced its highly anticipated US initial public offering (IPO)
at $40 per share, giving the company an overall valuation of approximately $15.1 billion. The IPO, which raised
$1.37 billion, was oversubscribed and priced above the originally marketed range, signaling strong investor demand
for Klarna’s business model and growth prospects.
Background and IPO Details
Klarna, well-known for
its “buy now, pay later” (BNPL) payment solutions, and a group of its shareholders sold 34.3 million shares during
the offering. The company, founded in Sweden in 2005, has expanded rapidly across Europe and North America, serving
over 100 million customers in 26 countries. Klarna’s IPO was seen by many as a bellwether for high-growth fintech
companies seeking to go public in a volatile market environment.
Market Response and Financials
The company’s strong IPO demand reflects revived investor interest in technology and fintech listings after months
of market uncertainty. Klarna previously reached a valuation over $45 billion in 2021 during the height of BNPL
popularity, but like many tech firms, saw its valuation fall amid rising interest rates and tighter global economic
conditions. Despite booking operating and net losses in 2025, Klarna continues to increase revenue, as its core
business—enabling shoppers to split online purchases into manageable payments—gains traction globally.
Trading Debut
Klarna’s shares are set to begin trading on the New York Stock Exchange under the ticker symbol “KLAR” starting
September 10, 2025. The successful IPO marks a major step in Klarna’s evolution from a European fintech start-up
into a global digital financial powerhouse.
This news underscores Klarna’s role as an industry leader and suggests continued momentum for the broader fintech
and “buy now, pay later” sectors in US and global markets.