Few companies embody the rise and reset of fintech like Klarna. Once the poster child of buy-now, pay-later, it soared to a $45 billion valuation during the pandemic, only to see that figure collapse as rates rose and sentiment turned.
Now, after raising $1.37 billion in its New York IPO, Klarna begins a new chapter as a public company. Its shares jumped on debut, but the real test lies ahead: convincing investors that scale can eventually meet profitability.
For fintechs eyeing the public markets, Klarna’s story is a reminder that branding and growth may open the door, but resilience and discipline decide who stays in the room.
Read the full story in FinTech Weekly: Klarna raises $1.37 billion in its IPO and closes its first trading day valued at $17.4 billion 👇
Klarna Raises $1.37 Billion in New York IPO, Shares Close Up 15%
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