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Payments firm Klarna files for IPO, showing 24% revenue jump

Aisha S Gani, Bailey Lipschultz and Jenny Surane / Bloomberg
Aisha S Gani, Bailey Lipschultz and Jenny Surane / Bloomberg • 5 min read
Payments firm Klarna files for IPO, showing 24% revenue jump
Klarna offers consumers so-called buy now, pay later financing, a type of lending that took off at the start of the decade and further accelerated during the pandemic with online shopping. Photo: Bloomberg
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Klarna filed publicly for a US IPO in what could be one of the year’s biggest financial company listings.

The Stockholm-founded digital payments company’s revenue climbed 24% last year. Klarna had net income of US$21 million ($28.09 million) on revenue of US$2.81 billion for 2024, compared with net loss of US$244 million on revenue of US$2.28 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission.

Klarna filed confidentially for the initial public offering in November 2024.

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