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Evening Standard

Business

Anna Wise

Klarna fetches £11bn valuation after major New York IPO

Klarna IPO New York

Klarna has begin trading its shares on the US stock market in a major public debut (Klarna/PA) -

Klarna has begun trading its shares on the US stock market in a major public debut for the buy now, pay later giant.

The company fetched a valuation worth about 15.1 billion US dollars (£11.1 billion) following an initial public offering (IPO) on the New York Stock Exchange on Wednesday.

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