Klarna Set to File for IPO Next Week, Targets $15 Billion Valuation

Buy now, pay later giant Klarna is preparing to file for an initial public offering (IPO) as early as next week, according to Bloomberg sources. The Swedish fintech is working with 15 banks for the listing, likely on the New York Stock Exchange, with a potential pricing in early April.

Klarna aims to raise up to $targetinga\; marketvaluationof$15 billion. This marks a significant recovery from its 6.7 billion valuation in 2022 but remains below its peak valuation of 46 billion in 2021.

The IPO comes as Klarna seeks to capitalize on its strong market position and growing demand for flexible payment solutions.