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Buy now, Borrowing Lender Lender Pay for US IPOs

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Buy now, Borrowing Lender Lender Pay for US IPOs


Pedestrians walk with an advertisement for Clarna.

Daniel Harvey Gonzalez | In the pictures via Getty Images

Now the purchasing clarna paid further loans IPO Avenue On Friday and the New York Exchange, Clar plans to go to the public in the New York Exchange in Clar.

Klarna, the number of headquarters, the number of shares offered in Sweden, was not yet disclosed.

The decision to go to the public in the United States is a significant blow to European exchanges fighting homegrown technology companies. Clarna General Director Sebastian Siemiatkowski pointed out for years of a list of the United States for years of visibility and regulatory advantages.

Klarna continues to reset after a dramatic decline. Once a pandemic circuit darling, a SoftBank-LED financial period, $ 46 billion worth $ 46 billion, the assessment in 2022 has decreased by 85%, the latest primary fundraising has dropped to $ 6.7 billion. However, the analysts now evaluate a $ 15 billion in a number of $ 20 billion by returning to the return of the profitability in 2023.

Last year, the income increased by 24% to $ 2.8 billion. The company’s operating loss was $ 121 million for the year, and the operating profit was aged $ 181 million, earlier than $ 49 million per year.

Clarna is the latest rise to present for a US iPo because it is historically slowly stretching for new victims. Coreweave, the provider of cloud-based NVIDIA processors to companies, including META and Microsoft before, presented the avenue.

Cloud software provider servicetitant, hit the market in December, first significant enterprise-supported technological ipo Rubric debut in April. A month ago, Reddit Started trading in NYSE. Since the late 2021, the growing inflation was pushed in the United States, there were many other technical iPops in the United States when increasing inflation was pushed from risky assets.

Market volatility can still be on the way to Klarna’s plans. Nasdaq has been closed on Friday for the lowest level on Thursday, on Thursday, September on Thursday.

The information broadcast from Michigan University on Friday, confirmed that consumer confidence suffered from the opening weeks of the second Trump administration in the opening weeks of opening weeks. The sense of consumer was reduced to 57.9, and 63.2 economists, selected by Dow Jones, were expected to be lower than 63.2 economists.

Founded in 2005, Klarna is best known for purchasing, then a service, a service, which allows consumers to shopping for shopping. Compete with the company ApproveIn 2021, with the public and its subsequent proposal Block It was taken for $ 29 billion in early 2022. Clarina’s main shareholders include enterprise firms Sequoia Capital and Atomico SoftBank The vision fund.

Klarna also calls large banks JPMORGAN CHASE, Citigroup and Bank of America including as well as competitors as well as traditional credit card networks Visa and Mastercardand “digital-oriented banks” such as Revolut and Nubank.

Clarna has been operating as a fully licensed bank in Europe since 2017. Siemiatkowski told CNBC in December that the company is currently aims to receive a license in the United States, where he participates with WebBank.

“We want to accelerate my licenses that transferred our money,” Siemiatkowski added that the company is ready to invest $ 1 billion in this effort. Klarna wants to go after this terrible credit card fee, where American consumers are used to pay. ”

Block on Thursday said that Provided confirmed The bank subsidiary from the Federal Savings Insurance Corporation allows loans through square financial services, but to offer small dollar consumption loans, rather than trusting foreign bank partners. This is the expansion of the company’s short-term credit product.

Block, approved and Paypal Each increases the portfolios of financial products, including debit, lending and payment offers, including more consumers and trying to spend. Clarna will have to fight with attractive degrees and incentives and to keep up with competition.

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