Sep 10, 2025 - Business

Klarna shares jump 31% following IPO

Lucinda Shen

Illustration: Sarah Grillo/Axios

Shares of buy-now-pay-later company Klarna popped as much as 31% in the early hours of its first day of trading, after pricing its IPO at $40 a share.

That values the business at close to $20 billion.

Context: The company and shareholders had raised some $1.4 billion in its IPO, which valued the company at $15.2 billion on a fully-diluted basis.

By the numbers: It's a comeback for the company, which was once valued at $6.7 billion in its most recent down round.

But Klarna is still valued significantly below its 2021 valuation of $45.6 billion, which had been led by SoftBank.

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Klarna shares jump 31% following IPO

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