Klarna’s Planned IPO Sets the Stage for More Fintech Listings

Klarna Bank AB’s planned initial public offering is fueling hopes that a long drought of fintech listings may be coming to an end, heralding a wave of debuts for the sector over the next couple of years.

The Swedish buy-now, pay-later giant plans to go public in New York during the first half of next year, Bloomberg has reported. A successful listing — coupled with rising share prices and the prospect of lighter regulation during a second Donald Trump presidency — could finally prompt some of Klarna’s peers to do the same, according to bankers, venture capitalists and analysts.