Klarna is seeking to raise at least $1b in the IPO and is targeting a valuation of more than $15b in the listing. The company and some of its shareholders are selling shares in the offering, the filing shows.
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Payments firm Klarna files for IPO, showing 24% revenue jump
“We are currently in advanced stages of establishing business relationships with a second bank partner in the United States, through which we expect to offer our Fair Financing products in that market, and with a second payment network, on which we plan to issue the Klarna card in select markets,” Klarna said in the filing. “We expect that, as a result of these negotiations, we will enter into a binding agreement with the relevant partner in the first quarter and second half of 2025, respectively.”
