Klarna Reportedly Preparing $1 Billion IPO with $15 Billion Valuation Target

The Swedish BNPL giant is expected to publicly file for a U.S. listing next week, aiming to price shares in early April.

Klarna is reportedly planning to raise at least $1 billion in a U.S. initial public offering, with a valuation target exceeding $15 billion.
The company confidentially filed with the U.S. Securities and Exchange Commission in November 2024 and is expected to file publicly next week.
Klarna's valuation has seen significant fluctuations, dropping from $45.6 billion in 2021 to $6.7 billion in 2022, before rebounding to $14.6 billion in late 2024.
The IPO could signal renewed momentum for tech public listings, following a slump in recent years, with other fintech firms like Chime and Zilch also considering IPOs in 2025.
Known for its buy now, pay later services, Klarna serves 85 million customers globally and partners with 600,000 retailers.