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**Klarna, the Colossus of “Acquire Now, Remit Later,” Requests US IPO**
*Disseminated: March 17, 2025, 6:37 AM Eastern Time*
**Principal Conclusions:**
* In spite of escalating anxieties regarding a financial slump, fintech enterprise Klarna Group is proceeding ahead with its strategies to become a publicly traded entity, possessing submitted its IPO documentation in the United States.
* The Swedish-originated firm, which shifted to the United Kingdom the prior year, has petitioned to be listed on the New York Stock Exchange beneath the ticker representation “KLAR.”
* Bloomberg documented earlier in the month that Klarna is aiming for an assessment exceeding $15 billion for its New York listing.
Klarna, a substantial contender in the “acquire now, remit later” (BNPL) domain, has formally registered its registration declaration with the US Securities and Exchange Commission (SEC). Although the precise quantity of equities and price spectrum remain undisclosed, this action indicates Klarna’s aspiration to penetrate the US public market.
Klarna privately commenced the IPO procedure with the SEC in November, a tactic that enables enterprises to retain delicate details confidential until nearer to the definitive listing date. It warrants mentioning that Klarna’s assessment experienced a downturn in July 2022, settling at $6.7 billion, a considerable reduction from the $45.6 billion assessment it possessed merely a year before. Klarna encounters rivalry from other BNPL amenities such as Affirm, Block’s Afterpay, and PayPal.
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