Swedish payment giant Klarna urgently suspends US IPO

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On April 5, according to the Wall Street Journal, Swedish payment giant Klarna has urgently suspended its IPO plan in the United States, becoming the latest listing project sacrificed after the Trump administration's massive tariff policy announcement.

BlockBeats previously reported that on March 6, sources revealed that Swedish payment giant Klarna Bank AB plans to conduct an initial public offering (IPO) in the United States, raising at least $1 billion. Klarna also stated that it will embrace cryptocurrency, but has not yet determined a specific plan and needs time to explore the best integration method. Klarna is valued at $14.8 billion, with over 85 million users and annual transaction volume exceeding $100 billion, with its largest shareholder Sequoia Capital holding a 22% stake.

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