Klarna’s IPO exceeds expectations valued at 15 billion USD

Klarna’s IPO was priced at 40 USD per share, exceeding expectations of 35 to 37 USD, achieving a valuation of approximately 15 billion USD.

Klarna raised 1.37 billion USD during the IPO, with 1.17 billion USD distributed among shareholders. Despite a Q2 net loss of 53 million USD, revenue grew by 20% year-over-year to 823 million USD.

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