Klarna ‘Definitely Ready’ for IPO After US Expansion, CEO Says

May 14, 2024, 3:24 PM UTC

Klarna Bank AB is prepared for an initial public offering after an expansion globally and in the US, which is now the buy-now, pay-later firm’s largest market by revenue, Chief Executive Officer Sebastian Siemiatkowski said.

“We’re definitely ready,” Siemiatkowski said Tuesday in a Bloomberg Television interview. Asked whether a stock sale could come even earlier than the first quarter of next year, he said, “Everything’s possible.”

Sebastian Siemiatkowski
Photographer: Chris Ratcliffe/Bloomberg

Siemiatkowski had said in early March that Klarna is preparing for an initial public offering “quite soon.” Sky News reported Tuesday that the Stockholm-based company now has backing from investors and regulators for ...

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