Klarna Targets $14 Billion Valuation in US IPO
New York, Tuesday, 2 September 2025.
Klarna aims to raise $1.27 billion through its US IPO, marking a significant move after a valuation leap from $5.5 billion to $46.5 billion between 2020 and 2021.
Klarna’s Strategic Market Re-entry
Sweden’s Klarna, known for its ‘buy now, pay later’ service, is making a bold move with its U.S. IPO, aiming for a valuation of up to $14 billion as of September 2, 2025. This comes after a temporary pause in its IPO plans in April 2025 due to global market volatility, exacerbated by U.S. tariffs introduced by former President Donald Trump [1][2][3][4].
IPO Details and Financial Goals
Klarna intends to sell approximately 34.3 million shares priced between $35 and $37 each, potentially raising up to $1.27 billion [1][3][5]. This anticipated offering is a notable step in Klarna’s ambition to secure a strong foothold in the U.S. financial market, with shares set to be traded on the New York Stock Exchange under the ticker symbol ‘KLAR’ [1][5].
Historic Valuation Fluctuations
The fintech giant experienced a dramatic increase in valuation from $5.5 billion in 2020 to $46.5 billion by 2021, driven by substantial funding rounds. However, its valuation saw a significant reduction to $6.7 billion in July 2022 due to macroeconomic pressures [2][3][4]. As of now, analysts speculate that the success of this IPO could signal renewed investor confidence in high-growth fintech enterprises [1][3][5].
Market Implications and Future Prospects
Klarna’s IPO is set against a backdrop of an evolving market landscape where high-growth tech stocks are regaining investor interest after a prolonged dry spell. Successful execution of this IPO could demonstrate market readiness for new fintech entrants, while a lukewarm response might indicate ongoing concerns about valuation and regulatory challenges [2][3][5].