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Swedish buy now , pay later ( BNPL ) startupKlarnais on its way to becoming a public company . The fintechsaidon Wednesday that it has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission ( SEC ) .
The declaration of the listing , along time in the making , come amid adearthof initial public offerings ( IPOs ) in the technology sector . Klarna ’s European status only add more fervor to today ’s news show .
Founded in 2005 , Klarna isone of several playersin theBNPLspace that enable customers to purchase good with the promise of interest - free credit . Afterlaunching in the U.S.in 2015 , Klarna hit a brawny evaluation ofmore than $ 45 billionby 2021 , a figure that swiftlyplummeted by 85 % to $ 6.5 billiondue to securities industry “ correction . ”
However , Klarna ’s rating recentlyrose to $ 14.6 billion , according to write up , after one investor increase its post .
We still do n’t know how many shares will be offered , or the price range of the IPO , but today ’s announcement pave the fashion for Klarna to go public in all probability some clip in the first one-half of 2025 .
