Swedish fintech Clary, according to the agency Reuters, citing 2 informants, seemingly resumes plans for the U.S. stock debut. The payment service supplier plans to value between $13 and $14 billion. Shares sold as part of the offer can be offered at a price of $34 to $36 already this week.
Third Test
Klarna suspended IPO plans in April after extremist duties imposed by the US president Donald Trump They shook global markets. The company besides considered the IPO in 2021, but gave up this idea.
Recently, however, Klarna has been able to announce an increase in gross by improving her performance on its major American market. In the second quarter, the Swedish company recorded revenues of $823 million, compared with $682 million in the same period last year.
The fresh valuation would be much lower than the 2021 mark of nearly $50 billion. The threshold of over $15 billion, which was inactive under discussion at the beginning of the year, would besides be revised downwards. Klarna refused to comment on the Reuters agency.
New business model
The company, primarily known for its offer "buy now, pay later", has been trying to position as a neobank for any time. To change the perception of your business model In the run-up to the stock marketplace debut , the company launched a marketing run . It focused on Klarn's card – Visa card, which allows customers to make payments immediately or within 30 days.
Fintechowa started with simple online payment solutions. However, since 2017, Swedes have had a bank licence that allows them to offer fixed-term deposits, debit cards as well. and current accounts.