Klarna priced its long awaited initial public offering at $40 a share late Tuesday, valuing the Swedish buy now, pay later company at more than $15 billion.
The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. The $40 share price came in above market expectations, which called for Klarna to price its shares between $35 and $37 each.
