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Klarna released half-year earnings in August showed revenues up 27% and its adjusted profits climbing to $66m, versus an adjusted loss of $45m during the same period last year. The company has said the U.S. is its largest market in terms of revenue. Klarna’s IPO plans come as BNPL options continue to grow in popularity in the U.S.
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“The number of shares to be offered and the price range for the proposed offering have not yet been determined,” Klarna said in its announcement. “The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.”
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