Klarna seeks to raise at least $1 billion in U.S. IPO, plans to publicly file as early as next week

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PANews
03-06
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PANews reported on March 6 that, according to Bloomberg, sources familiar with the matter revealed that the Swedish payment giant Klarna Bank AB plans to conduct an initial public offering (IPO) in the United States, raising at least $1 billion, and may submit the relevant documents as early as next week. The company plans to determine the issue price for the New York Stock Exchange listing in early April, and Klarna's target valuation exceeds $15 billion. The discussions are still ongoing, and the details of the listing plan, including the timing, may still change. According to a statement from last November, Klarna has secretly submitted an application for an initial public offering to the U.S. Securities and Exchange Commission.

Klarna Bank CEO Sebastian Siemiatkowski said last month that the company is exploring entry into the cryptocurrency market. He posted on the social media platform X on February 8, saying "I give up," and stated that Klarna "will embrace cryptocurrencies."

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