Klarna has confidentially refiled paperwork for a US initial public offering, according to people familiar with the matter, after an earlier attempt was shelved amid market volatility.
The Swedish buy-now-pay-later company is aiming for a valuation that would approach or exceed its 2021 peak of $45.6 billion, a level the company fell well short of in intervening private funding rounds.
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Bankers see Klarna's renewed push as a signal of confidence in the fintech IPO window, following a string of successful listings elsewhere in the payments and consumer fintech space.