Klarna Bank AB, the fast-growing Swedish fintech that provides short-term loans to consumers, is increasingly likely to sell shares in an IPO, Bloomberg reports. The company has been flirting with a direct listing since at least February.
CEO and co-founder Sebastian Siemiatkowski told Bloomberg that Klarna isn’t currently working on a listing but may consider one as early as 2022. In its latest funding round, the startup’s valuation reached $45.6 billion, more than four-times higher than last year. Read more.
