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Klarna Group plc completed its initial public offering, selling 34.3 million ordinary shares at $40 per share on the New York Stock Exchange under the ticker NYSE: KLAR. Trading began September 10, 2025.
The Swedish digital payments company sold 5 million new shares, raising $200 million, while existing shareholders sold 29.3 million shares. The total offering was valued at approximately $1.37 billion.
Goldman Sachs, J.P. Morgan and Morgan Stanley served as joint book-running managers for the offering. Additional bookrunners included BofA Securities, Citigroup, Deutsche Bank Securities, Societe Generale and UBS Investment Bank.
The Securities and Exchange Commission declared Klarna’s Form F-1 registration statement effective September 9, 2025. The company operates in 26 countries, serving approximately 111 million active consumers and 790,000 merchants as of June 30, 2025.
Klarna reported facilitating $112 billion in gross merchandise volume in the twelve months ended June 30, 2025. The company provides flexible payment solutions and digital banking services.