| Company Name | Klarna Group plc |
| Ticker Symbol | KLAR |
| Exchange | New York Stock Exchange (NYSE) |
| Klarna IPO Date | September 10, 2025 (expected) |
| Pricing Date | September 9, 2025 |
| Base Offering | 34,311,274 shares |
| Klarna New Shares | 5,555,556 shares |
| Selling Shareholders | 28,755,718 shares |
| Underwriters’ Option | 5,146,691 shares |
| Price Range | $35 – $37 per share |
| Total Potential Raise | ~$1.45 billion |
| Klarna IPO Valuation | ~$14 billion |
| Lead Underwriters | Goldman Sachs, J.P. Morgan, Morgan Stanley |
Klarna Group plc was founded in 2005 in Stockholm by Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson. Over the last two decades the company has grown from a local payments start-up into one of the world’s largest fintech players.
Klarna now operates across 26 countries, serving more than 111 million active users and working with over 790,000 merchant partners. Every single day more than 2.5 million transactions are processed through its platform, which resulted in a gross merchandise volume of 105 billion dollars in 2024.
The company is best known for introducing flexible “Buy Now, Pay Later” services such as its popular “Pay in 4” option. Over the years Klarna has expanded its portfolio to include virtual credit cards, personal budgeting tools and digital banking services. By partnering with leading retailers like H&M, Sephora and Zara, Klarna has positioned itself not only as a financial services provider but also as a lifestyle platform that blends shopping and finance.
Klarna IPO Details
The Klarna IPO is structured as a combination of new shares and an offer for sale by existing shareholders.
In total 34,311,274 shares are being offered to the market. Of this amount, Klarna itself is issuing 5,555,556 new shares in order to raise funds for growth and expansion into new areas such as AI-driven solutions and digital banking. The remaining 28,755,718 shares are being sold by existing investors and company insiders, including senior leadership and institutional backers.
The company has also granted underwriters a 30-day option to purchase up to 5,146,691 additional shares in order to cover over-allotments.
The price range for the IPO has been set between 35 and 37 dollars per share, which would allow Klarna to raise up to 1.45 billion dollars and secure a valuation of around 14 billion dollars.
Klarna’s shares will list on the New York Stock Exchange under the ticker symbol KLAR.
The IPO is being led by Goldman Sachs, J.P. Morgan and Morgan Stanley as joint book-running managers. They are supported by BofA Securities, Citigroup, Deutsche Bank Securities, Société Générale and UBS Investment Bank, with BNP Paribas, Nordea, Rothschild & Co, Wedbush Securities, Wolfe | Nomura Alliance and Keefe, Bruyette & Woods serving as co-managers.
Also Read – What is Nonfarm Payrolls (NFP)? – Complete Guide for Traders and Investors
Financial Performance
According to Klarna’s IPO prospectus, the company’s financial performance has shown a mix of growth and challenges.
For the six months ending June 2025, revenue grew 15% to $1.52 billion. However, the company posted a net loss of $152 million, representing a sharp 390% increase compared to the prior year.
Klarna’s costs have also escalated, with funding expenses rising 19% to $277 million and provisions for credit losses climbing 33% to $310 million.
Why Klarna’s IPO Matters?
The Klarna IPO is one of the most closely watched fintech offerings of 2025. At a valuation of 14 billion dollars it will serve as a bellwether for investor sentiment towards growth-oriented but unprofitable technology companies.
For investors, Klarna stock provides exposure to the rapidly expanding “Buy Now, Pay Later” (BNPL) market and to a company that has become a household name in digital payments. However, the limited voting rights structure and ongoing profitability challenges mean that careful consideration is required before investing.
This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.