Klarna may rebuild its IPO in September

Klarna may turn to IPOs as early as September. Sources told Bloomberg. This news comes as Fintech stock prices are rising sharply and the US IPO market is bolstering.

Klarna applied for an IPO in March, but suspended such plans just a month later after President Trump’s tard announcement rattled the market. At the time, Klarna had raised at least $1 billion and was looking to win a $15 billion valuation. But by June, Klarna co-founder and CEO Sebastian Siemiatkowski had another turn. when I asked about the company IPO plan, Siemiatkowski smiled and said, “We are delighted that there is less turbulence in the market.”

However, details are slim as to when Klarna will schedule her debut. No final decision has been made, Bloomberg reported. The company was profitable and, at the end, was personally worth around $14 billion.