(BFM Stock Exchange) – The Swedish specialist in deferred and split payment intends to raise more than $ 1 billion during its IPO planned in New York.

After postponing her project earlier this year, Klarna now believes that it is a good time to enter the New York Stock Exchange. The Swedish company specializing in “Buy Now Pay Later”, or split payment announced on Tuesday, September 2 Tuesday, target an introduction to the New York Stock Exchange.

On the occasion of this long -standing fellowship for investors, Klarna plans to sell more than 34.3 million shares at a price per share between 35 and 37 dollars. The actions will be listed under the Mnemo “Klar” code, also specifies Klarna in her press release.

At the top of the fork, the operation would therefore valorize Klarna at nearly $ 14 billion. This is below the valuation of $ 20 billion mentioned by Bloomberg in August 2024. And far from the $ 45 billion that the company had reached during a fundraising made in 2021. On that date, inflation and interest rates had not yet gone, and investors did not yet issue the current doubts about household consumption.

The Swedish company is more than determined to go on the stock market, to hope to raise $ 1.27 billion. She had frozen her process last spring, after Donald Trump’s customs announcements. She feared then that by launching her IPO during such a volatile period on the markets does not give the impression that the company is desperate, then the sources close to the file told Wall Street.

“BUY NOW PAY LATER”

Young company founded in 2005, Klarna is a payment company, specialized in “Buy Now Pay Later”, or fractional payment, which thus makes it possible to postpone or stagge payment for consumers.

This payment facility has gained popularity over the years. According to a Kantar study for BNP Paribas of 2023, 43% of Europeans used “from time to time” to a staggered payment or a delayed payment. According to Lafferty Research, the overall market for split payment could reach $ 3,000 billion by 2030.

As early as 2006, just a year after its creation, Klarna began her international offensive and in 2012 became a unicorn, that is to say an unlisted company whose valuation exceeds one billion dollar.

Today Klarna claims 111 million users and 790,000 partner traders. This while his confounders, when they had “pitched” their idea during a sort of Swedish equivalent of “who wants to be my partner?”, Had seen each other “will never work” by the jury.

Twenty years later, the giant of fractional payments Klarna is at the top of its form. In the second quarter of 2025, Klarna said she had revenue of $ 823 million, a growth of 20% over one year. In the United States alone, its growth has reached 38% over a year.

The operating profit reached $ 29 million in the second quarter, an increase of more than $ 26 million compared to the previous quarter.

“The Klarna card is becoming the preferred means of payment in our most mature European markets, and we are currently launching an improved version in the United States. Strategic integrations with the main payment service providers and our partnerships with some of the largest world merchants are expanding the scope of Klarna and accelerating our growth. At the same time, our consumer base in full expansion remains solid Who pay on time, “said Sebastian Siemiatkowski, the CEO and co -founder of the company.