Summary: Klarna Group Plc is seeking to raise up to US$1.27 billion in a New York IPO, offering 34.3 million shares at US$35 to US$37 each. The company, known for its buy now, pay later financing, aims to become a global digital bank and expand its “fair financing” product. Despite recent market volatility, the US IPO market remains active, with Klarna’s offering expected to price on September 9.

Link: https://www.theedgesingapore.com/news/ipo/klarna-backers-seek-us127-bil-ipo-after-tariff-pause