Online lender Klarna priced its IPO at $40 per share on Tuesday, above its expected range, in a deal that values the Swedish company at about $15 billion.
Klarna, known for its popular buy now, pay later products, said it raised $1.37 billion for the company and existing shareholders, who are looking to exit a portion of their long-held positions. The company will list its shares on the New York Stock Exchange under the symbol “KLAR.”
The public markets have shown an increased appetite for tech IPOs of late, with companies like crypto firm Circle
and software vendor Figma
soaring in their highly anticipated debuts. Klarna, which competes with Affirm
