Klarna prices IPO at $40, valuing buy now, pay later company at $15 billion ahead of trading debut
Headline from WFMZ Allentown
NEW YORK (AP) — Klarna priced its long awaited initial public offering at $40 a share late Tuesday, valuing the Swedish buy now, pay later company at more than $15
WFMZ Allentown's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
NEW YORK (AP) — Klarna priced its long awaited initial public offering at $40 a share late Tuesday, valuing the Swedish buy now, pay later company at more than $15
Klarna just made its debut as the biggest IPO this year. The Swedish buy-now-pay-later giant sees America as its future—and it's taking direct aim at credit cards.
Swedish fintech Klarna is going public with a higher-than-expected valuation, and aims to compete directly with traditional retail banks like JPMorgan Chase and Bank of America.
