Sweden’s Klarna seeks up to $14 billion valuation in long-awaited US IPO

(Reuters) -swedish company Klarna said on Tuesday that the US aims to value the company up to 14 billion dollars because it aims to benefit from the renewed interest in fintech initiatives after a expanded recession.

The company, which has been looking at the New York list for years, paused its plans in April due to wavy global markets after the US President Donald Trump He announced sweep tariffs on big trade partners.

Now the acquisition, then the lending and some investors are expected to sell 34.3 million shares in the public offering and to be between 35 and $ 37 and aim to rise up to $ 1.27 billion.

After three rounds of funds between 20120 and 2021, his valuation attracted the attention of investors after his valuation rose from $ 5.5 billion to $ 46.5 billion.

After years of rest, companies that delay the public outgoing re -testing the investor appetite, permanent markets and renewed trust. Early technology lists attracted a strong interest and proposed a cautious but real revival of market activity in a sleep market.

Now buy, then pay payment services, purchases of shoppers, instead of preparing pre -payment, allowing them to divide them into smaller, interest -free installments for weeks or months.

The pushing of Klarna to the US emphasizes the increasing demand for these services among young customers looking for flexible payment options.

He also launched banking products and established a partnership with the leading global brands such as fast -fashioned retailer Zara and H&M, luxury bag manufacturer coach and cosmetic giant Sephora.

As of June 30, the company had approximately 111 million active consumers and approximately 790,000 traders in 26 countries.

Klarna applied for trade at the New York Stock Exchange under the symbol of the “Claries”.

Goldman Sachs, JPMorgan and Morgan Stanley are out of the title.

(Reporting by Manya Sain in Bengaluru;