Klarna, the Swedish buy-now-pay-later company, successfully launched its initial public offering on the New York Stock Exchange.
The IPO priced shares at $40, exceeding expectations and raising over $1 billion for the company and existing shareholders.
This highly anticipated debut valued Klarna at approximately $15 billion, highlighting strong investor confidence in the fintech sector.
Klarna's successful IPO marks a significant milestone and showcases the growing demand for innovative financial technology companies.