Reported 11 days ago
Swedish fintech Klarna Group Plc has officially filed for an initial public offering in the US, concluding speculation about its market listing. The company aims for an IPO next year while working with major financial institutions, though share details and pricing remain unspecified. Following a significant drop in valuation from $45.6 billion in 2021 to an approximate $14.6 billion now, Klarna strives to navigate recent internal board challenges as it prepares for its public debut after SEC review.
Source: YAHOO