Swedish fintech Klarna is once again preparing to go public and is seeking an IPO valuation of between $12.6bn and $13.4bn, reports say.
The buy-now-pay-later (BNPL) is looking to price its shares at between $34 and $36 each in its planned IPO, according to local media Breakit.
The calculations are based on Klarna’s 371m existing shares.
The Swedish fintech filed for its IPO in March and was seeking to raise at least $1bn at a valuation of more than $15bn, people familiar with the matter said at the time. In April, following the market turbulence triggered by Donald Trump’s tariff regime, the company postponed its plans.
In the last month, several reports have said that Klarna is reviving its plan to go public on the New York Stock Exchange, some say as early as September.
Founded in 2005, Klarna made its name with its buy-now-pay-later (BNPL) product, which enables shoppers to delay or split payments. More recently, the fintech has made efforts to expand beyond BNPL, pushing into banking services such as debit cards and cashback.
In late July, Klarna also obtained authorisation to operate as an Electronic Money Institution (EMI) in the UK, allowing it to offer banking services in the country. This will enable customers to hold and manage money in a Klarna account.
Klarna’s positioning aligns the company with consumer neobanks such as US-based Chime, which raised close to $1bn in its IPO in June.
Klarna has declined to comment.
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