Klarna has raised $1.37 billion in its U.S. initial public offering, selling shares at $40 each, surpassing the initial price range. The IPO values the company at $15.11 billion, a significant decrease from its peak valuation of over $45 billion in 2021, reflecting the challenges faced by the fintech sector amid rising interest rates and inflation.

F-Prime Capital has identified a number of fintech companies, including Stripe and Klarna, that are poised for potential IPOs by 2025. The firm believes these companies are well-positioned to capitalize on market opportunities and could significantly impact the industry landscape in the coming years.

Klarna, the Swedish fintech company, has paused its plans for a U.S. initial public offering due to distress in global markets caused by President Trump’s tariffs. The postponement complicates the recovery of the U.S. IPO market, as Klarna's listing was anticipated to spur further IPO activity.

Klarna reported a net loss of $99 million in the first quarter of 2025, nearly doubling its loss from the previous year, primarily due to one-off costs. Despite a 13% increase in revenues to $701 million and a growing user base, the company has paused its U.S. IPO plans amidst market instability influenced by recent tariff policies. CEO Sebastian Siemiatkowski noted a significant reduction in headcount, attributed in part to AI investments.

Klarna and Affirm, two leading players in the buy-now-pay-later (BNPL) sector, are preparing for potential initial public offerings (IPOs) as they navigate a competitive landscape influenced by major financial institutions like Visa and Mastercard. The growth of BNPL services has raised regulatory scrutiny, prompting these companies to adapt their business models to ensure sustainability and compliance in the evolving market.

Klarna, the Swedish fintech known for its buy now, pay later model, is set to go public on the New York Stock Exchange under the symbol "KLAR," aiming to raise up to $1.27 billion through the sale of 34.3 million shares priced between $35 and $37. Despite a recent revenue increase of 20% year-on-year, the company reported a net loss of $53 million, reflecting a significant valuation drop from $45.6 billion in 2021 to around $14 billion currently.

Klarna is set to relaunch its IPO plans in the U.S. next month, targeting a valuation between $13 billion and $14 billion. This comes after a previous pause in its IPO strategy earlier this year due to market instability, with the company now looking to raise nearly $1 billion from the offering.

Visa has announced partnerships with Klarna and Zilch to launch innovative flexible debit cards that integrate various payment options, allowing consumers to choose their preferred payment method while shopping. The cards aim to provide a user-friendly experience and cater to the growing demand for accessible payment solutions among consumers, with a significant waitlist already established in the US.

Klarna is launching its own Visa debit card, the Klarna Card, as part of its strategy to expand beyond its "buy now, pay later" services and position itself as a comprehensive banking player. The card will allow users to access various funding sources and is being piloted in the U.S. before a wider rollout, while Klarna partners with WebBank to offer FDIC-insured accounts.

Klarna, the Swedish buy now pay later platform, reported a net loss of $53 million in Q2 as it prepares for its New York listing amidst US expansion plans. Despite the losses, the company's revenue increased by 21% to $823 million, and it has seen improvements in credit losses and delinquency rates.

Klarna has partnered with Visa to integrate debit cards with buy now, pay later (BNPL) options, following Affirm's lead in the U.S. fintech space. Both companies aim to revolutionize payment methods by offering a flexible, all-in-one solution that could reshape consumer banking relationships and challenge traditional banks.

Klarna has successfully delivered a remarkable $2.7 billion gain to its venture capital investor, Sequoia Capital, showcasing the financial resilience of buy-now-pay-later services despite economic challenges. This gain highlights the ongoing growth potential within the fintech sector, particularly for companies adapting to changing consumer behaviors.

Klarna Group Plc has entered into a forward-flow agreement to sell up to $26 billion of buy-now, pay-later loans to Nelnet Inc., a move aimed at freeing up capital ahead of its public debut. This deal will enable Klarna to enhance its pay-in-4 product in the US, allowing consumers to make interest-free payments on purchases over a few weeks.

Fintech company Bolt is making significant progress in its turnaround strategy by partnering with Klarna, a major player in the payments space. This collaboration is expected to enhance Bolt's offerings and improve its market position as it navigates through previous challenges.

Klarna has entered the mobile market by partnering with Gigs to offer a phone plan for $40 a month, featuring unlimited 5G data, talk, and text. Users can easily activate the plan through the Klarna app without the hassle of phone calls or paperwork. Additional plans and services in other markets are expected to launch later this year.

Klarna and Marqeta are enhancing their partnership to introduce the Klarna Card in the US, aiming to provide a flexible and innovative payment experience. David Sandström, Klarna's CMO, highlighted the focus on empowering smarter shopping through seamless payment options tailored to market needs.

Klarna CEO Sebastian Siemiatkowski announced a 40% reduction in the company's workforce, attributed to investments in artificial intelligence and natural attrition. The fintech firm has embraced AI tools, significantly enhancing productivity, but also plans to hire more human customer service agents to maintain service quality. Despite a hiring freeze, Klarna continues to advertise open positions and is preparing for its long-awaited IPO.

Klarna is intensifying its transition to a digital banking model as it prepares for a second attempt at an initial public offering (IPO). The company aims to expand its services and solidify its position in the competitive fintech landscape.

Klarna is set to go public with an expected IPO price of $35 to $37 per share, but it faces challenges as its growth has lagged behind competitors like Affirm. Investment bankers are pricing Klarna based on smaller peers rather than its closest rival, indicating a shift in perception of its market position. The company has opportunities to regain momentum through its expansion into cards and everyday banking, but its future growth is uncertain.