Reported 2 months ago
Klarna Bank AB is exploring opportunities for a secondary share sale as it prepares for a potential public listing in the US. The fintech firm aims for a valuation of approximately $20 billion and has enlisted Goldman Sachs for guidance. Following a significant decline in its valuation from $45.6 billion in 2021 to $6.7 billion, Klarna is focusing on efficiency improvements and AI investments, recently reporting a notable revenue increase in its largest market, the US.
Source: YAHOO