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Buy Now, Pay Later Firm Klarna Files US IPO Prospectus
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Key Points
- Fintech company Klarna Group has submitted a prospectus to its U.S. IPO, which will push forward plans for the list even as the recession fears shaking in the stock market.
- The company was founded in Sweden last year and reorganized into the UK.
- Earlier this month Bloomberg The report said Krana’s New York listing is valued at more than $15 billion.
Fintech company Klarna Group has submitted prospectus to the United States Initial Public Offer (IPO)continue the listed plan Fear of recession Rattles in the stock market.
this Buy now, pay later (BNPL) The company filed a registration statement to the United States on Friday Securities and Exchange Commission (SEC). The company was founded in Sweden and reorganized into the UK last year, suitable for listings New York Stock Exchange (NYSE) Under the symbol “klar”. The company has not yet decided on the number of stocks or the price range of the product.
Last NovemberKrana started the IPO process with the SEC through confidential documents, which allow companies to block information from the public until they are closer to joining the exchange. Krana Say this is valuable US$6.7 billion in July 2022 fell from US$45.6 billion a year ago. Its major BNPL competitors include Confirmation (Af),piece(xyz) Paid and PayPal (pypl).
Earlier this month Bloomberg Reporting Klarna’s goal is More than $15 billion Listed in New York.
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