The Swedish fintech firm confirmed yesterday morning that it had "confidentially submitted" an application to the US Securities and Exchange Commission "relating to the proposed initial public offering of its ordinary shares".
Klarna, which is one of the world's largest buy now, pay later (BNPL) companies, said the price range for its proposed IPO and the number of shares that would be offered were yet to be determined. The firm is expected to easily fetch a multi-billion-pound valuation.
This story is from the November 14, 2024 edition of The Guardian.
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This story is from the November 14, 2024 edition of The Guardian.
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