Klarna went public in September 2025, and its CEO Sebastian Siemiatkowski has identified the US as the company’s fastest-growing market, powered by over 120 million consumers.
The Swedish buy-now-pay-later company priced its IPO at $40 per share on September 9, 2025, raising $1.37 billion in the process. Shares opened at $52 on the first day of trading before settling to close at $45.82, giving Klarna a market valuation exceeding $17 billion.
The US numbers tell the story
Klarna’s third-quarter 2025 results showed US Gross Merchandise Volume climbing 43% year-over-year, while revenue from its US operations surged 51% over the same period. Those figures outpace Klarna’s performance in other regions.
Klarna now counts over 118 million active global users, with recent figures pushing that number closer to 120 million. The company has positioned itself as the leader in “Pay in 4” volume, the core BNPL product that lets consumers split purchases into four interest-free payments.
