Klarna files for US IPO despite market tumult
The listing would be a significant boost to the subdued IPO market and could value Klarna at as much as $15bn. The listing will be closely watched by fintech investors hoping that the sector can emerge from a funding drought driven by higher interest rates.
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Klarna Group is reportedly seeking to raise at least $1 billion in a U.S. IPO and is preparing to file publicly as soon as next week.
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More than 120 companies went public that year, in what became a rough one for investors. Has that buried some great leads?
Interested investors can explore secondary markets for pre-IPO shares or funds like ARK Venture Fund. Key findings are powered by ChatGPT and based solely off the content from this article.
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