Klarna is set to resume its plans for a US initial public offering next month after previously pausing due to market challenges in the spring, as reported by Reuters.
Shares in the Swedish buy-now-pay-later (BNPL) company are expected to be priced between $34 and $36 this week, estimating its valuation at $13 to $14 billion, according to sources. In April, Klarna had halted its plans to list ordinary shares on the New York Stock Exchange due to market fluctuations caused by President Donald Trump’s tariffs.
Earlier this month, the company agreed to sell up to $26 billion in US loans to Nelnet, a student loan provider, securing off-balance-sheet funding to support its growth in the market.