Klarna landed on the New York Stock Exchange in its initial public offering priced over its benchmark signaling a high demand for « buy now, pay later » financial services.
Sept. 10 The online Swedish lender Klarna landed on the New York Stock Exchange in its initial public offering priced over its benchmark signaling a high demand for « buy now, pay later » financial services.
Klarna’s now $15 billion valuation had its IPO on Tuesday at $40 a share after the Sweden-based company reportedly raised around $1.37 billion in its official round, and started trading Wednesday under the ticker « KLAR » in Manhattan’s NYSE.
About $200 million of its more than $1 billion for shareholders will divert to company coffers as its founders seek to offload their stakes.
