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Klarna set to file for US$1 bil-plus US IPO as soon as next week

Bloomberg
Bloomberg • 2 min read
Klarna set to file for US$1 bil-plus US IPO as soon as next week
Klarna, known for its buy now, pay later offerings, is targeting a valuation of more than US$15 billion in the New York Stock Exchange listing, say sources. Photo: Bloomberg
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Klarna Bank is seeking to raise at least US$1 billion ($1.33 billion) in a US initial public offering and is set to file publicly as soon as next week, according to people familiar with the matter.

The Stockholm-based payments business aims to price the IPO in early April, the people said, asking not to be identified as the information isn’t public. Klarna is targeting a valuation of more than US$15 billion in the New York Stock Exchange listing, the people said.

Deliberations are ongoing and details of the listing plan including timing could still change, the people said. A representative for the company declined to comment.

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