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Fintech firm Klarna has halted its planned initial public offering after President Donald Trump's sweeping tariffs announcement, according to a report.
Several key details are known about Klarna's potential IPO because it filed confidentially with the SEC. The buy now, pay later provider would be one of the most highly-valued IPOs of 2024.
Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching. Siemiatkowski has grown Klarna into a fintech powerhouse and a ...
Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of the Trump administration’s sweeping tariff ...
Ripple's $5B takeover bid for Circle's USDC stablecoin was rejected amid heightened crypto M&A and IPO activities, sources ...
and the company was concerned about launching an IPO while the U.S. markets were volatile, the Journal reported. Klarna was scheduled to meet with investors next week, but similarly decided to ...
Klarna, a digital payments company founded in ... The market turbulence has led to the companies holding off their IPO plans, said the people, who asked not to be identified as the information ...
The decision would complicate an uneven recovery for the U.S. IPO market, as the company's listing was seen as a potential catalyst for encouraging others to follow. Sign up here. Klarna could ...
Goldman Sachs, which is leading the Klarna IPO, declined to comment. Representatives from StubHub didn't immediately respond to a request for comment. Both companies had filed their initial public ...
The healthcare startup is considering putting its public market debut on pause, Business Insider has learned, as the markets sink on Trump's tariffs.
Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won't know more until ...