Klarna IPO: 25 Times Oversubscribed Debut in New York – but old Doubts Remain

On September 10, 2025, Klarna celebrated its long-awaited IPO on the New York Stock Exchange. Under the ticker symbol KLAR, the shares were offered at an issue price of $40 - exceeding the originally planned range. In total, the company brought 34.3 million shares to the market, raising approximately $1.37 billion. The initial valuation was around $15.1 billion, which briefly climbed to over $17 billion at the start of trading, making Klarna the largest fintech IPO of the year. The enormous demand was evident even during the subscription phase:...