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Klarna, a prominent Swedish financial services firm, intends to gather approximately $1.27 billion through an Initial Public Offering (IPO) in New York.

Klarna, a Swedish "buy now, pay later" financial company, disclosed plans to secure $1.27 billion through a stock exchange listing in New York, following a postponement due to market instability earlier.

Klarna, a Swedish bank and financial services company, seeks to gather $1.27 billion through an...
Klarna, a Swedish bank and financial services company, seeks to gather $1.27 billion through an Initial Public Offering (IPO) in New York.

Klarna, a prominent Swedish financial services firm, intends to gather approximately $1.27 billion through an Initial Public Offering (IPO) in New York.

Klarna Announces New Listing Plan, Market Value Estimated at $14 Billion

Swedish buy now, pay later company Klarna has announced plans for a new listing, with the top price range for its shares potentially giving the company a market value of $14 billion. However, no specific date has been disclosed for this new listing.

The announcement comes after an initial plan for an initial public offering (IPO) was postponed earlier this year. The price range for Klarna's shares in the new listing is between $35 and $37 apiece.

Klarna's service allows shoppers to pay up to 30 days after placing an order or make purchases in four instalments without interest. This service has been popular among consumers, contributing to the company's growth.

The new listing plan for Klarna has been announced, but a specific date is yet to be disclosed. It remains to be seen when Klarna will make its debut on the stock market.

Meanwhile, another company in the same industry, Tyrolean firm Innio, has announced plans for a new listing on the US stock exchange next year.

Klarna's potential market value of $14 billion, at the top price range, would be a significant figure for the company. However, it's important to note that this value is based on all shares being sold at the highest price.

The exact details of Klarna's new listing plan are yet to be finalised, and further updates are expected in due course. Stay tuned for more information as it becomes available.

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