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 has been attempting to convince the market that it's more of a digital retail bank than a simple buy now, pay later firm.

Klarna priced its long awaited initial public offering at $40 a share late Tuesday, valuing the Swedish buy now, pay later company at more than $15 billion.