- Earn 4.5% interest on uninvested cash with Gold
- Get up to $50,000 in instant deposits with Gold
- Easy, user-friendly trading
- Unlimited bonus amounts Oct 16-27
Klarna, a buy now, pay later e-commerce fintech company, is expected to conduct an initial public offering.
There's no news yet about how much the stock will cost when it goes public. No date has been set for when the stock will be publicly available.
What we know about the Klarna IPO
The buy now, pay later e-commerce giant Klarna is expected to go public. It has not yet filed a viewable form S-1 with the US Securities and Exchange Commission. But we'll update this page as information as it becomes available.
Klarna is a Swedish fintech company that lets customers purchase products from major retailers and then pay for those items in four zero-interest payments. As of December 2020, it has reached more than 11 million customers in the US.
It partners with major brands such as Macy’s, Adidas and Sephora.
On March 1, the company announced a new funding round had raised $1 billion and valued the company at $31 billion, Bloomberg reported.
According to its website, Klarna is the most highly valued fintech company in Europe and the fourth-highest in the world.
Klarna is among the latest buy now, pay later companies to emerge. Affirm, one of its competitors, announced in late December that it plans to postpone its IPO until January 2021.
How to buy Klarna stock when it starts trading
Once Klarna goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
What we know about Klarna’s balance sheet
Officially known as Klarna Bank, this alternative to credit card issuers now has more than 190,000 merchant partners worldwide.
In the quarter ending September 2020, the company reported net operating income growth of $742 million, a 37% increase from the previous period. The quarter has other highlights as well.
- 160% growth in year-over-year mobile app downloads and 2 million monthly active app users by the end of October
- 21 million new customers worldwide
- 57,000 new retail partners including Etsy, Ralph Lauren and Express.
Finder's picks for buying Klarna stock when it goes public
- Trade options, futures, options on futures, stocks, ETFs
- $0 commission to close options
- Pro-grade platform and risk analysis tools
- Trade stocks, options, ETFs, mutual funds, alternative asset funds
- $0 commission on stocks, ETFs and options, with no options contract fees
- Complimentary access to a financial planner and automated investing
How do similar companies perform?
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Klarna stock.
See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.Compare trading platforms
Compare special offers, low fees and a wide range of types of investments among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
More guides on Finder
-
Fundamental Analysis
Fundamental analysis of stocks can help you become a better investor and find the true value of stocks and other assets.
-
Best Stocks for Beginners With Little Money to Invest
These are the stocks to buy when you don’t have much to spend.
-
7 Best Day Trading Apps of 2024
These are the best day trading apps, according to Finder’s comprehensive analysis.
-
Today’s Best Brokerage Account Bonuses [Signup and Transfer Promos]
Explore the best bonuses for opening a new brokerage account.
-
eToro review 2024: Commission-free social trading and investing
eToro is a robust trading platform with an easy-to-use interface and no commissions on stocks and ETFs.
-
Titan Review 2024: Wealth Management With a No-Advisory-Fee Robo-Advisor
Titan invest is a members-only automated platform best for hands-off investors looking to build wealth.
-
Public.com Review 2024: No-Fee Options, With Rebates
A beginner-friendly investing platform with fractional shares and no commissions on stocks and ETFs.
-
How to invest in the S&P 500 in 2024
What you need to know about investing in the leading indicator for the overall US stock market.
-
Wealthfront review: Low-cost automated and DIY investing
Learn about Wealthfront’s automated investing tools and services to see if it’s the right platform for you.
-
How to trade options
Read our beginner’s guide to trading options in the US.
Ask a question