Deals
Klarna Says Listing Is Increasingly Plausible But Not Imminent
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Klarna Bank AB, the fast-growing Swedish fintech that provides short-term loans to consumers, is increasingly likely to sell shares in an initial public offering.
Chief Executive Officer and co-founder Sebastian Siemiatkowski said in an interview on Wednesday that Klarna isn’t currently working on a listing but may consider one as early as 2022. In its latest funding round, the startup’s valuation reached $45.6 billion, more than four-times higher than last year.