Klarna’s Wild Post-IPO Ride: Stock Slump, New Deals & Experts Predict What’s Next
A Blockbuster IPO Resets Klarna’s Valuation Klarna’s New York IPO (Sept 2025) marked one of the year’s biggest fintech debuts. Priced at $40 per share, the offering raised about $1.37 billion and valued the Swedish BNPL leader at roughly $15 billion ts2.tech. This valuation, while only one-third of Klarna’s pandemic-era $45.6 B peak, was more than double its 2022 low of $6.7 B after tech markets crashed ts2.tech. The IPO was oversubscribed and priced above the initial $35–$37 range, reflecting pent-up investor demand. “$15 billion is far from disappointing”, noted Samuel Kerr, a market expert, given it topped Klarna’s target range and left investors “wanting