Summary
Klarna, a Swedish company known for its buy-now-pay-later service, has gone public on the New York Stock Exchange (NYSE). In its initial public offering (IPO), Klarna sold shares at a higher price than expected, raising about $1.37 billion and valuing the company at over $15 billion. The company aims to grow its U.S. market presence, highlighting its potential in the world’s largest consumer credit card market.
Key Facts
- Klarna is a Swedish company founded in 2005 that offers a buy-now-pay-later payment plan.
- The company went public on the New York Stock Exchange in 2025.
- Klarna sold 34.3 million shares at $40 each, raising about $1.37 billion.
- The company is now valued at over $15 billion.
- Klarna is trading under the symbol “KLAR.”
- Klarna’s popular “pay-in-4” plan lets customers split payments into four parts over six weeks.
- Over 111 million consumers worldwide have used Klarna’s payment services.
- Klarna aims to expand in the U.S., citing it as a significant growth opportunity.
