Swedish Fintech Klarna took the next step in the long -awaited American iPo on Friday when it did F-1 the newsletter. We are now looking at the document.
Klarna hopes to raise at least $ 1 billion in a $ 15 billion assessment with this iPO, Bloomberg reported last week. Public documents do not yet reveal how many shares they plan to sell or the price range, so we will not know whether this iPO will respond to its ambitions for raising funds or not until the stock prices. This is usually about a month, sometimes more, since the newsletter documents are published to chew on everyone.
However, this iPO has been foreseen for years, so it may have its bankers have some indications that investors will bite at this level.
One reason could be that the previous private valuation of Klarna recently rebounded to $ 14.6 billionAccording to reports, after an investor increased his share.
Another could be that Klarna mentions a profit. Specifically, Klarna reported revenue of $ 2.8 billion for $ 2024, from about $ 2.3 billion in $ 2023. It also reported a net profit of $ 21 million in 2024, a large swing for $ 2023 -244 million.
Founded in 2005 by today’s Sebastian Siemiatkowski CEO, Klarna is one of the many players who now offer market now, they later pay funding to customers for purchases. Following the US in 2015, Klarna hit a strong valuation of more than $ 45 billion by 2021, an amount that quickly fell by 85% to $ 6.5 billion when the 2021 business capital explodes.
Klarna recently made news about the development of its own AI internal system based on Openai’s chatgpt and saying it threw its contract for Salesforce CRM to use its internal systems.
Siemiatkowski said that the Customer Home Service Home led to the replacement of 700 full -time contract workers and saving about $ 40 million a year. He even went until he said that Klarna stopped hiring aggressively because of the use of AI, leaving the workforce From 5,000 in 2023 to about 3,500 to the end of 2024.
