Klarna Might Reschedule Its Ipo For September

Klarna mightiness look to IPO arsenic early arsenic September, sources told Bloomberg. The news comes arsenic fintech banal prices surge and nan US IPO marketplace strengthens. 

Klarna revenge for IPO backmost successful March but paused specified plans only a period later aft President Trump’s tariff announcements rattled nan market. At nan time, Klarna was looking to raise astatine slightest $1 cardinal and nab a $15 cardinal valuation. By June, however, Klarna’s co-founder and CEO, Sebastian Siemiatkowski, took a different turn. When asked astir nan company’s IPO plans, Siemiatkowski only smiled and said he was “happy there’s little turbulence successful nan market.” 

Details are slim, though, regarding erstwhile Klarna will schedule its debut; nary last decisions person been made, Bloomberg reported. The institution is profitable and was past privately weighted astatine astir $14 billion.