Klarna Aims for Valuation of Up to $14 Billion in Upcoming IPO, According to Sources

Klarna's IPO Plans: Swedish fintech company Klarna is set to restart its IPO plans in the U.S. next month, aiming for a valuation between $13 billion and $14 billion after previously pausing due to market instability.

Share Pricing: The shares in the upcoming offering are expected to be priced between $34 and $36, significantly lower than the nearly $50 billion valuation targeted in 2021.

Market Conditions: Recent improvements in equity markets and successful debuts of other companies have renewed interest in U.S. IPOs, with notable recent listings seeing substantial share price increases.

Company Performance: Klarna reported a 20% year-on-year revenue increase to $823 million in Q2, alongside a rise in active customers by 31% to 111 million.