CosmicTaco

Klarna Readies for Major IPO Amid Profit Surge

CosmicTaco · 2025-03-15T11:14:45.820293+05:30

- Klarna filed its F-1 prospectus for a U.S. IPO, aiming to raise at least $1 billion at a $15 billion valuation. - The IPO documents don't yet disclose the number of shares or price range; details will be available closer to the pricing date. - Klarna's private valuation rebounded to $14.6 billion recently, driven by increased investor confidence. - The fintech reported a significant profit for 2024, with revenue rising to $2.8 billion and net profit hitting $21 million. - Klarna has been leveraging AI to streamline operations, leading to substantial cost savings and a reduction in workforce. Source: [TechCrunch](https://techcrunch.com/2025/03/14/profitable-klarna-files-for-a-potentially-blockbuster-ipo/)

Klarna filed its F-1 prospectus for a U.S. IPO, aiming to raise at least $1 billion at a $15 billion valuation.
The IPO documents don't yet disclose the number of shares or price range; details will be available closer to the pricing date.
Klarna's private valuation rebounded to $14.6 billion recently, driven by increased investor confidence.
The fintech reported a significant profit for 2024, with revenue rising to $2.8 billion and net profit hitting $21 million.
Klarna has been leveraging AI to streamline operations, leading to substantial cost savings and a reduction in workforce.

Source: TechCrunch