Klarna Shares Soar 30% in NYSE Debut, Valued at $19.65 Billion
Klarna Group plc (“Klarna”), the global digital bank and buy-now, pay-later (BNPL) provider, has successfully completed its long-awaited Initial Public Offering (IPO) and debut on the New York Stock Exchange under the ticker KLAR.
On September 2, 2025, Klarna launched its IPO of 34.3 million ordinary shares, including 5.6 million new sharesoffered by the company and the remainder by existing shareholders. Shares were priced at $40 each, above the marketed range of $35–$37, initially valuing Klarna at $15.1 billion. Underwriters included Goldman Sachs, J.P. Morgan, Morgan Stanley, and a consortium of leading global banks.
In its September 10 debut, Klarna’s stock surged 30%, opening at $52 per share and closing with a market capitalization of $19.65 billion. The successful listing underscores renewed investor appetite and marks one of the most significant fintech IPOs in recent years.
The offering comes amid a broader rebound in the U.S. IPO market, with Klarna leading a slate of seven high-profile listings, including Gemini, in what is set to be the busiest issuance week in years.
“Going public is really an opportunity for new shareholders, our 111 million consumers, and others to join our journey to disrupt financial services and shape the next generation of personal finance,” said Klarna CFO Niclas Neglén.
Klarna’s listing highlights both the resilience of Europe’s fintech sector and the continued global demand for digital-first financial solutions.
