Swedish fintech company Klarna, once valued at $46 billion, is reportedly planning an IPO on the New York Stock Exchange.
After significant financial challenges and job cuts, including at its Manchester office, Klarna's valuation dropped to $6.7 billion. The company is now engaging with major Wall Street banks such as Morgan Stanley and Goldman Sachs for the listing, potentially slated for the first half of 2025. Despite past losses, recent financial performance shows improvement, positioning Klarna favorably for an IPO.
