Klarna shares soar nearly 20% on market debut
Swedish fintech began trading Wednesday after tariff turmoil halted earlier listing plan
Swedish fintech began trading Wednesday after tariff turmoil halted earlier listing plan

Swedish fintech’s share price has plummeted by two-thirds since September IPO

Shares in European fintech have plunged 70% since September

Revenues jump a fifth to $823mn as Swedish buy now, pay later group continues US expansion and neobank drive

Swedish group has been diversifying away from its bread-and-butter model of deferred payment loans

Digital token will aimed at merchants moving large sums and may also be offered to consumers

Traders say rush to create new ETF shares echoes unusual trading pattern around last month’s listing of Bullish