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Sweden's Klarna Files for U.S. IPO.

Authors :
Chopping, Dominic
Source :
Wall Street Journal - Online Edition. 11/14/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Swedish fintech company Klarna has filed for an initial public offering (IPO) in the U.S., with the number of shares and price range yet to be determined. Klarna's decision to list in the U.S. rather than London aligns with its focus on U.S. expansion and the lower scrutiny of tech companies' profitability in the U.S. The company, known for its buy-now-pay-later services, has seen fluctuations in its valuation, with recent funding rounds reflecting investor interest in technology investments. Klarna's IPO is anticipated to be highly sought after, given the recent strength of public tech companies in the U.S. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
180857961