Limited Time Offer
Get $1000 towards your
first investment
Start investing in private markets with Linqto – your access to disruptive startups and pre-IPO companies.
*Terms and conditions apply. See details
Klarna, a Swedish fintech company founded in 2005, has become a leading player in the buy now, pay later (BNPL) space, offering innovative payment solutions for online shoppers. The company has experienced significant growth, particularly in the U.S. market, which has become its largest revenue source. Recent reports suggest that Klarna is taking steps towards a potential initial public offering (IPO) in the United States, possibly as early as the first half of 2025.
According to sources cited by the Financial Times, Klarna is in the process of selecting financial advisors for its IPO, with major Wall Street firms like Goldman Sachs, JP Morgan Chase, and Morgan Stanley reportedly vying for the role. This move comes after Klarna's encouraging financial results in February 2024, where the company significantly narrowed its losses and demonstrated strong performance in key markets.
While Klarna's valuation has fluctuated in recent years, reaching a peak of $46 billion in 2021 before dropping to $6.7 billion in a 2022 funding round, there are indications that the company could seek a valuation of around $20 billion for its IPO. However, it's important to note that these figures are based on reports and have not been officially confirmed by Klarna.
The timing of Klarna's potential IPO aligns with CEO Sebastian Siemiatkowski's previous statements suggesting that a U.S. listing could come "quite soon." The company's focus on the U.S. market and its improved financial performance may make it an attractive option for investors interested in the growing BNPL sector.
As Klarna continues to prepare for a possible public offering, investors and industry observers will be closely watching for official announcements and further developments. The success of Klarna's IPO could have significant implications for the broader fintech industry and the BNPL market in particular.
Get $1000 towards your
first investment
*Terms and conditions apply. See details
While Klarna's IPO prospects remain uncertain, investors eager to gain exposure to the fintech and buy-now-pay-later sectors don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the fintech space. Our platform allows you to diversify your portfolio with lower minimum investments, potentially benefiting from the growth of emerging industry leaders like Klarna before they go public.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
