Klarna Restarts IPO Effort Targeting $1.27 Billion Fundraise

📅 Published: 9/2/2025
🔄 Updated: 9/2/2025, 5:11:48 PM
📊 15 updates
⏱️ 9 min read
📱 This article updates automatically every 10 minutes with breaking developments

Swedish fintech giant Klarna has officially restarted its effort to go public with an initial public offering (IPO) on the New York Stock Exchange, targeting a fundraise of up to $1.27 billion. The company plans to offer 34.3 million shares at a price range of $35 to $37 per share, valuing the firm at up to $14 billion[1][4][5].

This marks Klarna’s second attempt at launching a US IPO, af...

This marks Klarna’s second attempt at launching a US IPO, after pausing its initial plans earlier in 2025 due to market uncertainties linked to the fallout from US tariffs under the Trump administration[1]. The renewed IPO filing reveals Klarna will list under the ticker symbol KLAR and expects to raise capital from both new share sales and existing investors offloading shares. Of the total shares offered, Klarna itself will sell 5.6 million, with the remainder coming from current investors[1][3].

Klarna is widely recognized for pioneering the “buy now, pay...

Klarna is widely recognized for pioneering the “buy now, pay later” (BNPL) payment model and has been aggressively expanding its footprint in the US market. Recently, the company has been repositioning itself as a digital bank, launching a debit-first card product across the US and Europe. This strategic shift aims to broaden Klarna’s financial services beyond BNPL and compete more directly with established banking institutions[1].

The IPO is backed by major investment banks including Goldma...

The IPO is backed by major investment banks including Goldman Sachs, J.P. Morgan, and Morgan Stanley, among others, signaling strong institutional support[3]. Despite the optimistic valuation and renewed public offering plans, Klarna cautioned that the IPO remains subject to market conditions and there is no guarantee on the timing or final terms of the offering[1].

If successful, Klarna’s IPO would come amid a resurgence of...

If successful, Klarna’s IPO would come amid a resurgence of fintech public listings after a lull in the sector, and position the company to accelerate growth in its evolving role as a global financial services provider. The offering is expected to close in September 2025, with the final pricing and share allocation to be determined in the coming weeks[2][4].

🔄 Updated: 9/2/2025, 2:50:46 PM
Klarna's renewed IPO effort, targeting a $1.27 billion raise and a $14 billion valuation, remains subject to regulatory scrutiny, especially amid ongoing concerns over consumer debt risks in the buy-now-pay-later sector. The company’s IPO filing with the U.S. Securities and Exchange Commission (SEC) indicates the offering is "subject to market conditions," reflecting uncertainties tied to regulatory and market environments following previous pauses linked to geopolitical factors like U.S. tariffs under the Trump administration[2][3]. No specific government objections or regulatory interventions have been cited in the latest filings, but Klarna's public market debut depends on continued compliance with SEC regulations and market sentiment.
🔄 Updated: 9/2/2025, 3:01:04 PM
Klarna has officially restarted its IPO effort, aiming to raise $1.27 billion with a valuation around $14 billion, targeting a September 2025 listing in the U.S. The company plans to price shares between $34 and $37, significantly lower than earlier reports suggesting a $130-140 billion valuation, reflecting a more cautious market approach despite tech stock rebound[1][3][4]. Klarna, with 111 million active users and partnerships with major retailers like Zara and H&M, is capitalizing on renewed investor interest in fintech amid improved market conditions[1].
🔄 Updated: 9/2/2025, 3:10:46 PM
Consumer and public reaction to Klarna's renewed IPO effort reflects cautious optimism amid ongoing concerns. Social media discussions on platforms like X (formerly Twitter) show fintech enthusiasts expressing hope that Klarna's $1.27 billion offering and $14 billion target valuation could invigorate the sector, while critics highlight risks related to rising consumer credit losses—$136 million in Q1 2025—and regulatory scrutiny over debt burdens[1][2]. Despite Klarna's first full-year profit since 2019 and expanded user base surpassing 100 million, many remain wary of market volatility and economic uncertainties influencing investor sentiment[1][2].
🔄 Updated: 9/2/2025, 3:21:11 PM
Klarna has relaunched its IPO effort aiming to raise $1.27 billion with a targeted valuation around $14 billion, far below its previous $50 billion goal, reflecting market recalibration for fintech firms[1][2][5]. Industry experts note this pricing positions Klarna competitively against rivals like Affirm, with the IPO expected to price shares between $34 and $37[1][4]. Analysts view the move as a strategic response to improving equity markets and renewed investor appetite for high-growth fintech, despite inflation and credit risks[2][5].
🔄 Updated: 9/2/2025, 3:31:05 PM
Klarna's decision to restart its IPO aiming to raise $1.27 billion has elicited a mixed consumer and public reaction. On social media, fintech enthusiasts express optimism, noting Klarna’s rising active user base—up nearly 30% in Q2—and improved credit performance, which CEO Sebastian Siemiatkowski highlighted with record on-time payments and low credit losses[2][1]. However, some consumers remain cautious due to regulatory scrutiny of the buy-now-pay-later sector and Klarna's ongoing net losses, which increased to $53 million in the latest quarter despite a 20% revenue rise, reflecting persistent financial challenges[2][1].
🔄 Updated: 9/2/2025, 3:41:10 PM
Klarna has restarted its IPO effort, targeting to raise up to **$1.27 billion** by selling **34.3 million shares** at an expected price range of **$35 to $37 per share**, aiming for a valuation of up to **$14 billion** on the New York Stock Exchange under the ticker “KLAR”[1][4]. Technically, this pricing reflects market confidence returning to high-growth fintechs, but Klarna faces headwinds from ongoing losses, having reported a net loss of **$152 million** in the first half of 2025, up from $31 million a year earlier, signaling profitability challenges amid a high-inflation environment[3]. Investors will closely watch how K
🔄 Updated: 9/2/2025, 3:51:12 PM
Klarna’s renewed IPO effort, targeting a $1.27 billion raise and a $14 billion valuation, faces ongoing regulatory scrutiny in both the U.S. and EU, which has increased compliance costs and posed challenges to its BNPL business model[1][2]. The company previously paused its IPO plans due to market fallout linked to U.S. tariff announcements, reflecting the impact of government trade policies on its public offering timeline[4][5]. Klarna’s filing emphasizes that the IPO remains subject to market conditions and regulatory approval, underscoring uncertainty amid heightened oversight.
🔄 Updated: 9/2/2025, 4:01:22 PM
Klarna's renewed IPO effort targeting a $1.27 billion raise and up to $14 billion valuation faces ongoing regulatory scrutiny, particularly regarding consumer debt risks linked to buy-now-pay-later (BNPL) products. The company noted in its recent SEC filing that the offering remains "subject to market conditions," reflecting uncertainties tied to regulatory challenges and heightened oversight in the fintech sector[3][4]. This IPO is seen as a testbed for how regulators are currently engaging with fintech firms aiming to expand banking services amid stricter consumer protection demands[1].
🔄 Updated: 9/2/2025, 4:11:19 PM
Klarna’s renewed IPO effort to raise $1.27 billion faces heightened regulatory scrutiny in both the U.S. and EU, increasing its compliance costs amid broader concerns over the buy-now-pay-later sector’s consumer debt risks[1][2]. The firm acknowledges these challenges in its filings, noting that regulatory hurdles remain a key uncertainty impacting the timing and success of its New York Stock Exchange debut[3].
🔄 Updated: 9/2/2025, 4:21:15 PM
Klarna’s decision to restart its IPO targeting a $1.27 billion fundraise has been met with cautious optimism by consumers and market watchers alike. The company reported a nearly 30% increase in active users and a decline in consumer defaults in Q2 2025, signaling strong user resilience that has bolstered investor confidence ahead of the listing[1]. While some consumers appreciate Klarna’s continued buy now, pay later service, market sentiment remains attentive to its recent $53 million net loss and whether the IPO will sustain Klarna’s growth trajectory[1][2].
🔄 Updated: 9/2/2025, 4:31:32 PM
Klarna has resumed its US IPO targeting a $1.27 billion fundraise by selling 34.3 million shares priced between $35 and $37, aiming for a valuation of approximately $14 billion[1][2]. The offering includes 5.6 million new shares and 28.8 million from existing investors, with an overallotment option of 5.15 million shares within 30 days, to be listed on the NYSE under the ticker KLAR[2][3]. Despite a 20% revenue increase in recent quarters, the company reported a widening net loss of $152 million in H1 2025, underscoring investor caution amid growing regulatory pressures and credit risks in the BNPL sector[2
🔄 Updated: 9/2/2025, 4:41:36 PM
Swedish fintech giant Klarna has restarted its US IPO effort, targeting a $1.27 billion fundraise at a $14 billion valuation, marking one of the largest fintech listings of 2025 and signaling renewed global investor confidence in the BNPL sector[1][3]. Serving 111 million active users across 26 countries, Klarna's move is seen internationally as a bellwether for buy now, pay later services amid rising credit risks and regulatory scrutiny worldwide[1]. The IPO will offer 34.3 million shares priced between $35 and $37 each, reflecting significant institutional and retail market interest across global financial centers[1][2].
🔄 Updated: 9/2/2025, 4:51:47 PM
Klarna has relaunched its IPO targeting a $1.27 billion raise by selling 34.3 million shares priced between $35 and $37, aiming for a $14 billion valuation on the NYSE under ticker "KLAR"[1][2]. This offering includes 5.6 million new shares for Klarna and 28.8 million shares from existing investors, signaling strong shareholder liquidity and market confidence despite the company’s net loss narrowing to $53 million in Q2 2025 on a 54% revenue jump to $823 million[2]. The IPO is underwritten by major banks including Goldman Sachs, JP Morgan, and Morgan Stanley, positioning Klarna as a bellwether for the BNPL sector amidst tightenin
🔄 Updated: 9/2/2025, 5:01:51 PM
Klarna has resumed its IPO plans targeting a $1.27 billion raise on the New York Stock Exchange after previously pausing due to regulatory uncertainties tied to the Trump-era tariffs. The company specifically cited that its earlier offering was halted amid these tariffs, reflecting direct government policy impact, but current filings show a restart as market conditions improve[1][4]. There are no new government or regulatory objections reported in the latest filing, suggesting a tacit clearance under the existing regulatory framework for foreign fintech listings in the US[1].
🔄 Updated: 9/2/2025, 5:11:48 PM
Klarna has restarted its IPO effort aiming to raise $1.27 billion at a $14 billion valuation, signaling renewed confidence in the fintech sector despite recent market volatility[1][2]. Industry experts view this move as a critical test for the global buy now, pay later (BNPL) market, which faces challenges from rising defaults and regulatory pressures; one analyst noted Klarna’s IPO will “set the tone” for fintech valuations in 2025[1]. Investors are closely watching given Klarna’s history as a pandemic-era BNPL leader and its current position serving 111 million consumers worldwide[1].
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