Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Klarna lining up financial advisers for US IPO - report

(Sharecast News) - Swedish payments fintech Klarna is reportedly lining up financial advisers for a long-awaited initial public offering in the US that will be among the most anticipated listings in recent years. The Financial Times cited people familiar with the matter as saying that Morgan Stanley, JPMorgan and Goldman Sachs were in lead positions to secure top roles working on the potential listing of the 'buy now, pay later' pioneer.

It was understood that an IPO could come as soon as the first half of next year, the people said, cautioning that no final decisions had been made. Other banks could yet join the underwriting group, the sources added.

Klarna was last valued at $6.7bn in 2022 in a fundraising round that was deeply discounted amid rising interest rates and falling tech stock prices. It had previously been priced at $46bn in a 2021 deal that made it Europe's most valuable start-up group.

Share this article

Related Sharecast Articles

Apollo to buy IGT Gaming and Everi in $6.3bn deal
(Sharecast News) - Apollo Global Management has agreed to buy International Game Technology's gaming and digital business - IGT Gaming - and gambling machines firm Everi Holdings in a $6.3bn cash deal.
3M comfortably beats expectations for Q2 revenue, earnings
(Sharecast News) - American industrial conglomerate 3M announced a strong set of second-quarter results on Friday, comfortably beating market expectations as it narrowed its guidance for the full-year towards the top end of its previous expectations.
Law Debenture delivers 'solid' overall first-half performance
(Sharecast News) - Law Debenture Corporation reported a robust first-half performance in both its investment and independent professional services (IPS) business on Friday.
GCP Infrastructure reports slight decrease in NAV per share
(Sharecast News) - GCP Infrastructure Investments said in an update on Friday that its unaudited net asset value per share was 107.58p as at 30 June, a slight decrease from 107.62p at the end of March.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.