Klarna Goes Public in $14B Wall Street Test: Who’s Next?
Teona Gherasim
Klarna goes public, aiming to raise $1.25B after rebounding from a $6.7B slump with renewed growth. Meanwhile, BNPL rival Revolut is watching closely. Klarna, the Swedish buy-now-pay-later giant, went public Wednesday, Sept. 10, after 20 years as a private company. The stock price closing at $45.82, up 15%, after the fintech firm priced its IPO above expectations. Once Europe’s most valuable VC-backed firm, Klarna reached a $46 billion valuation in 2021, only to face a steep decline to $6.7
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