Fintech Klarna CEO Signals IPO in US May Happen ‘Quite Soon’

Jan. 23, 2024, 1:35 PM UTC

Klarna Bank AB, the Swedish fintech that was once Europe’s most valuable startup, may soon launch a stock market listing in the US, according to Chief Executive Officer Sebastian Siemiatkowski.

“It’s very likely that this is going to happen quite soon, but there are no official dates,” he said in a video interview with BNN Bloomberg in Canada.

Sebastian Siemiatkowski
Photographer: Chris Ratcliffe/Bloomberg

The CEO pointed out that the US is a natural choice for an initial public offering given that it is the firm’s largest market by revenue. “So it is obviously leaning toward that direction,” he said.

Speculation has been ...

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