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Bloomberg: Swedish Payment Giant Klarna Considering Early September Restart of US IPO
Summary: According to Bloomberg, sources report that Swedish payment giant Klarna Group Plc is considering restarting its initial public offering (IPO) in New York as early as September, amidst recent surges in fintech stock prices and strong performance of US-listed companies. The digital payment company is intensively preparing for the stock sale, with discussions ongoing and ...
According to Bloomberg, sources report that Swedish payment giant Klarna Group Plc is considering restarting its initial public offering (IPO) in New York as early as September, amidst recent surges in fintech stock prices and strong performance of US-listed companies. The digital payment company is intensively preparing for the stock sale, with discussions ongoing and specific details (including timing) yet to be finalized. Klarna submitted an IPO application to the US SEC in March and planned to start pitching its stocks to potential investors. However, market turmoil sparked by Trump's announcement of widespread tariffs in April led the company to shelve the plan. Recently, the company has positioned itself as a digital bank, offering a range of services from checking and savings accounts to credit cards and debit cards.
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Link: Bloomberg: Swedish Payment Giant Klarna Considering Early September Restart of US IPO [Copy]
