Klarna to seek valuation of up to $14 billion in IPO next month, sources say


FILE PHOTO: A sign is pictured at the entrance of Klarna's headquarters in Stockholm, Sweden on May 25, 2022. REUTERS/Supantha Mukherjee/File Photo

STOCKHOLM (Reuters) -Swedish fintech Klarna will restart its plan to go public in the United States next month with a valuation of between $13 billion and $14 billion, according to two sources familiar with the matter.

The company paused its IPO plans in April after U.S. President Donald Trump's sweeping tariffs rattled global markets. It had also looked at going public in 2021 but decided not to proceed.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Strategy and bitcoin-buying firms face wider exclusion from stock indexes
Paris court rejects French government request to suspend Shein's website for 3 months
YouTube largely back up after being down for thousands of users, Downdetector shows
Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board
Google Cloud lands deal with Palo Alto Networks 'approaching $10 billion,' per source
Russian defense firms targeted by hackers using AI, other tactics
People watched 700 million hours of YouTube podcasts on TV in October
Riot has a secret plan to remake its ‘League Of Legends’ game
Tesla drivers are buying escape tools and�cars�to avoid getting trapped inside
CelcomDigi upgrades One plan with 500Mbps home fibre Internet, starting at RM240 a month

Others Also Read