Klarna Group has closed its initial public offering at $40 per share, selling 34,311,274 ordinary shares. Of that total, 5,000,000 shares were issued by the company and 29,311,274 were sold by existing shareholders. Klarna’s shares began trading on the New York Stock Exchange on September 10, 2025, under the ticker KLAR. Goldman Sachs, J.P. Morgan, and Morgan Stanley acted as joint book-running managers, with additional support from BofA Securities, Citigroup, Deutsche Bank, Societe Generale, UBS, and a group of co-managers.
The listing marks a milestone for Klarna, which has expanded from its roots in flexible payments to a global digital bank. The mix of primary and secondary share sales highlights both investor appetite for exposure to Klarna’s growth and liquidity opportunities for early stakeholders. Coming on the heels of a volatile IPO market, the company’s ability to price above earlier expectations at $40 per share reflects confidence in its strategy and long-term growth trajectory.
