Klarna hopes for a valuation of the group of approximately 150 billion kronor according to sources.
"We cannot comment on the information", writes Joel Hedin, press chief at Klarna in an email to TT.
The timeline may change
The valuation Bloomberg's sources are talking about is in line with the latest information in the business press about what the company is aiming for in terms of valuation.
Klarna was valued at 45.6 billion dollars in a financing round in 2021. But the following year, the valuation was down to 6.7 billion dollars.
Negotiations are ongoing and details in the timeline can still change, including the timing of the application and listing, according to Bloomberg's sources.
Klarna applied for permission for a stock exchange listing in the USA with the country's financial supervisory authority SEC last autumn.
Klarna's CEO and founder Sebastian Siemiatkowski said in a TT interview in August last year that the company was ready for a stock exchange listing.
Now it's mostly a matter of timing, he said about the listing plans.
He has since also declared that Klarna wants to become a bank in the USA and is prepared to make large investments in the country in order to get a fast track when it comes to license applications from the Trump administration.
But the timing of the listing may be questioned, according to Frida Bratt, savings economist at Nordnet.
It's a very uncertain stock market situation right now and it will probably be that way for the near future, she says.
Can become a higher valuation in the USA
All uncertainty surrounding tariffs and the geopolitical development hits, according to Bratt, the risk appetite on the market.
This should have been done several years ago, when there was a demand for more tech companies and specifically in the USA, she says.
But Esbjörn Lundevall, stock strategist at SEB, is not surprised that the listing appears to be coming now. Klarna going to the stock exchange would fit into a pattern he recognizes:
"After a long and large stock market upswing, it's common with more new listings", he writes in a comment to TT.
And that it's in the USA and not in Europe is not surprising either, according to Lundevall.
"The USA has the world's largest stock market without comparison and in many cases, companies listed in the USA seem to be able to get a higher valuation than in Europe", he writes.
Fintech company Klarna – founded by Sebastian Siemiatkowski and Victor Jacobsson – launched its first online payment solution 20 years ago. Since then, the company, based in Stockholm, has grown enormously – in recent years not least with expansion on large markets such as the USA, Germany, and the UK.
In preparation for the now expected stock exchange listing on the New York stock exchange, Klarna has, among other things, sold its cash solution, Klarna Checkout, and developed services that make the company increasingly resemble a traditional bank with a transaction account.
Klarna has also entered into several important cooperation agreements with other major players on the payment market such as JP Morgan Payments, Apple Pay, Google Pay, and Adyen.
