Payments Firm Klarna Files for IPO, Showing 24% Revenue Jump (1)

Klarna Group Plc filed publicly for a US IPO in what could be one of the year’s biggest financial company listings.

The Stockholm-founded digital payments company’s revenue climbed 24% last year. Klarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission. Klarna filed confidentially for the initial public offering in November.

Klarna is seeking to raise at least $1 billion in the IPO and is targeting a valuation of ...