Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors.

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.

Klarna priced its IPO at $40 a share, an offering that values the company at about $15 billion.

Klarna is just the latest IPO to hit the market.

Klarna priced its IPO at $40 on Tuesday in an offering that valued the company at about $15 billion.

The buy-now, pay-later firm raises nearly $1.4bn as its shares start trading publicly.

Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors.

Klarna just made its debut as the biggest IPO this year. The Swedish buy-now-pay-later giant sees America as its future—and it's taking direct aim at credit cards.

Over 34 million shares worth approximately $1.37 billion were sold to investors, making it the largest IPO this year, according to Renaissance Capital.

Now, at least 100 Klarna workers have collectively joined the millionaire club—and workers who invested early in Nvidia, Canva, and Palantir are seeing dizzying success too.

Now, at least 100 Klarna workers have collectively joined the millionaires’ club—and workers who invested early in Nvidia, Canva, and Palantir are seeing dizzying success, too.

Klarna CEO Sebastian Siemiatkowski worked at Burger King and lived on welfare before starting his $16 billion fintech firm.