Discord, the communications platform widely used by gamers, and Klarna, the payments business, are both in talks with investment banks over possible IPO moves in 2025, a double hit which could kick-start a succession of companies opting to go public.
An initial public offering (IPO) is when private companies move to list on stock exchanges, allowing other funds, businesses or individual investors to buy their shares, raising money for further investment in the company’s growth and for existing shareholders - often founders, employees or early backers - to sell up and claim a profit.
