KLARNA IPO PRICES ABOVE EXPECTED RANGE FOR AFFIRM 'BUY NOW, PAY LATER' RIVAL
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✍️ Klarna Group, a Swedish payments company, priced its initial public offering above the expected range, raising $1.37 billion and valuing the company at $15.1 billion.
👉 Klarna Group priced its initial public offering at $40 a share, above the expected range of $35-$37. 👉 The company raised $1.37 billion, giving it an initial valuation of $15.1 billion. 👉 Klarna operates mostly in Europe, while Affirm's main market is the U.S. 👉 Affirm's stock has rallied 45% so far in 2025.
-- #EdCarson #Sweden #Europe #U.S. #business
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