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September 11, 2025

Buy-now-pay-later company Klarna goes public in largest IPO of 2025

  • Its popular “pay-in-4” plan allows customers to split purchases into four payments.
    • By KEN SWEET
    AP Business Writer

    NEW YORK — The Swedish buy-now-pay-later company Klarna made its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year.

    Klarna sold 34.3 million shares to investors at $40 a share late Tuesday. That's above the forecasted range of $35 to $37 a share and values the company at more than $15 billion. The stock is expected to start trading once the NYSE is able to initiate the first batch of trades.


     
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