The payments business aims to price the IPO in early April, people familiar with the matter said, targeting a valuation of more than $15b. The company has since refocused ahead of the planned IPO, shedding businesses, focusing on payment partners, and investing in artificial intelligence.
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Klarna to file for $1b+ IPO as soon as next week
Chief Executive Officer Sebastian Siemiatkowski said last month that the firm, known for its buy now, pay later offerings, is exploring an expansion into the cryptocurrency market. He posted “I give up” on social-media platform X on Feb. 8, saying Klarna “will embrace crypto.”
