Klarna Reportedly Plans September IPO Amid Market Rebound

Klarna is considering reviving its initial public offering (IPO) as early as September, following a pause in its plans due to market uncertainty caused by President Trump's tariff announcements. The company initially filed for an IPO in March aiming to raise over $1 billion and reach a $15 billion valuation but delayed the process amid market turbulence. Klarna's CEO, Sebastian Siemiatkowski, has expressed satisfaction with reduced market volatility, though no final decision on the IPO timing has been made. The company remains profitable and was last valued privately at around $14 billion. Klarna competes with Affirm in the buy now, pay later sector and is preparing for its first-time share sale amid a strengthening U.S. IPO market and rising fintech stock prices.