Odaily Planet Daily reports that Swedish payments giant Klarna Group Plc is considering resuming its New York initial public offering (IPO) as early as September, following the recent surge in fintech stock prices and strong performance of recent US IPOs. The digital payments company is accelerating preparations for its initial share sale, but discussions are ongoing and specific details, including timing, have yet to be finalized.
Klarna filed for an IPO with the US Securities and Exchange Commission in March and planned to begin marketing its shares to potential investors. However, the company shelved the plan due to market turmoil caused by Trump's announcement of widespread tariffs in April. The company recently positioned itself as a digital bank offering a variety of services, from checking and savings accounts to credit and debit cards. Earlier in February, Klarna's CEO stated that Klarna and individuals would embrace cryptocurrencies. (Bloomberg)
