Deals
Snoop Dogg-Backed Klarna Eyes IPO in U.S. Expansion
- Stock market listing within next two years likely, CEO says
- Payment provider working on deals in the U.S. and Europe
This article is for subscribers only.
Swedish payment provider Klarna Bank AB is preparing for a potential initial public offering in the next one or two years as the most valuable European fintech startup expands rapidly in the U.S.
“An IPO would most likely be happening in the U.S. because there is a bigger understanding of technology companies like us and because the U.S. might be our biggest market in one or two years,” Chief Executive Officer Sebastian Siemiatkowski said in an interview in Berlin.