Buy Now, Pay After Files Llarnna Klarna for the United States IPO

Klarna, a supplier to buy now, pay later the archived loans their Prospectus ipo Friday, and plan to go public on New York exchange under the ticker symbol.

Klarna, seat in Sweden, did not disclose the number of actions of being offered or expected price exposed.

The decision to go public in the United States is dealing with a significant shot to the European stock exchanges, who fought to return home technology. Klarna Ceo Sebastian Siemiate per year that a list of the United States was most likely, best visible citizens and regulatory advantages and regulatory advantages.

Klarna is continuing to rebuild after a dramatic downturn. Once a dear Pandemic-was in $ 46 billion in a sufficient financing, its assessmented his rating for 85% in 2022, the most recent fundraising. Although analyss now estimate the company’s rating in the $ 15 billion range, bolled by its return to the profitable in 2023.

Last year last year increased the 24% $ 2.8 billion. The company’s operating loss is $ 121 million the year, and the operation of operation of $ 181, swinging from a loss of $ 49 million per year.

Klarna is the last time to file for the US as technical companies seeking the public market after a historical intercourse again. Before this month, Coreweire, a format cloud provider Nvidia Processors for companion including Meta and it Microsoft, Wrecking their prospect.

Cloud software seller Service. hit the market In DecemberBy marking the first ipo market of venthed dos Rubrik Debut in April. One month before, Reddit started trade on the NYSE. There are not many other note ipo in the United States by the end of the end of 2021, when increasing interest fees and installment

Market volatility could also enter Klarna’s manner. The NASDAQ just wrapped his fourth straight week of losses, shut on thursday to their lower level by September before replacing a little Friday.

Data released on Friday from Michigan University confirmed that the confidence consumer has suffered from the course Uncertainty fare tied Is underlined the week of the second administration of Trump administration. The consumer’s feeling has fallen In March to 57.9, lower than 63.2 classified economists by Dow Jones had expected.

Favinned in 2005, Klarnna is more well known to his purchase now, pays the pattern after, a service allowing consumers for split to split installments. The company competes with Affirmthat went public in 2021, and after AFTA, which Block acquired for $ 29 billion in early 2022. The main articulators of Klarna includes sequia and atomic business companies, as The softbank’s Fund of vision.

Klarna nouns also bank Jpmorgan’s hunting, Citigatone and it Bank of America As competitors and network of traditional card card, including Visa and it Mastercardand “the finger-centered bank” as the revolution and nubuckle.

Klarna operated as a fully licensed bank in Europe since 2017, according to the filing. Siemiatkski said to CNBC in December that the firm has aim to have a license in the United States, where the actualization partners with clover

“We want to accelerate our money transforms” Siumiathowskowskowskws said, add that society is willing to investigate $ 1 million in this million. Klarna wants to “go after Horridi’s card parties that lovers consumers are used to pay”, he said.

Block on Thursday said secured approval By the production of deposit insurance of deposit to start loans through the financial sensitions, allow you to offer the low consumers of the external consumers. It’s a expansion of borrowed cash app, the loan product to company loan.

Block, affirm and Paypal are each bolting their portfolios of financial products, including debit offer, loan and payment, how much they are trying to catch the most consumption and expendition. Klarna should compete to the price, with the taxes and attractive incentives, to keep competition.

Wat: CEO Klarna on consumer status