Profitable Klarna Files for Potentially Smash-Hand IPOs

Swedish Fintech Klarna took the next step with the highly anticipated US IPO when it published its F-1 prospectus on Friday. We are now sifting through the documents.

Klarna hopes to raise at least $1 billion at the IPO at a $15 billion valuation. Bloomberg reported last week. The public documents have yet to disclose the number of shares or price ranges to be sold, so it is not clear whether the IPO meets funding aspirations. It usually takes a month, sometimes longer, after the prospectus document is published to bite.

However, this IPO has been anticipated for years, so perhaps the banker suggests that investors will chew on that level.

One reason is that Kralna’s previous private evaluations have recently been Rebounded to $14.6 billionReports say after one investor increased its stock.

The other is that Klarna reports profits. Specifically, Klarna reported revenue of $2.8 billion in 2024 in 2024, starting from about $2.3 billion in 2023. It also reported a net profit of $21 million in 2024, a major swing due to a loss of $244 million in 2023.

Founded in 2005 by current CEO Sebastian Siemiatkowski, Klarna One of several players This allows you to buy now and pay a loan to the customer later for the purchase. rear Launch in the US In 2015, Klarna received a huge rating Over $45 billion Quick numbers by 2021 85% falls to $6.5 billion When the 2021 venture capital valuation bubble burst.

Klarna has recently created news for developing its own in-house AI system AAIP of opic He then said he removed the Salesforce CRM contract to use the internal system instead.

Siemiatkowski said a customer service bot with homemade ChatGpt I exchanged a full-time contract for 700 Save about $40 million a year with employees. He even went to say that Klarna actively halted employment due to the use of AI. The labor force will decrease It will range from 5,000 in 2023 to about 3,500 by the end of 2024.