Klarna revives IPO plans, aims to raise $1.27B
Klarna, the Swedish buy now, pay later (BNPL) startup, is reviving its plans for an initial public offering (IPO). The company and its shareholders are aiming to raise up to $1.27 billion through the listing, which would value Klarna at a maximum of $14 billion. The IPO comes as the BNPL industry continues to grow, with Klarna being one of the market's leading players. The company has seen significant expansion in recent years, with operations in over 45 markets and a customer base of over 150 million. The move to go public is seen as a strategic decision for Klarna, as it looks to further solidify its position in the rapidly evolving BNPL market. The funds raised through the IPO will likely be used to support the company's ongoing growth and expansion plans.
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