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Klarna might reschedule its IPO for September
Klarna might look to IPO as early as September, sources told Bloomberg. The news comes as fintech stock prices surge and the US IPO market strengthens.
Klarna filed for IPO back in March but paused such plans only a month later after President Trump’s tariff announcements rattled the market. At the time, Klarna was looking to raise at least $1 billion and nab a $15 billion valuation. By June, however, Klarna’s co-founder and CEO, Sebastian Siemiatkowski, took a different turn. When asked about the company’s IPO plans, Siemiatkowski only smiled and said he was “happy there’s less turbulence in the market.”
Details are slim, though, regarding when Klarna will schedule its debut; no final decisions have been made, Bloomberg reported. The company is profitable and was last privately valued at around $14 billion.