Klarna IPO Raises $1.4B, Valuation Soars With Sequoia as Big Winner

On September 10, 2025, Klarna, the Swedish fintech company known for its buy-now, pay-later (BNPL) services, made its highly anticipated debut on the New York Stock Exchange under the ticker symbol “KLAR.” The company raised $1.4 billion by offering 34.3 million shares at $40 each, valuing Klarna at approximately $19.65 billion. This IPO marks a significant milestone in Klarna’s journey and underscores the growing investor confidence in the BNPL sector.