Illustration: Sarah Grillo/Axios
Klarna priced its U.S. IPO at $40 a share, raising $1.4 billion and valuing the Swedish BNPL giant at about $15.2 billion on a fully-diluted basis.
Why it matters: The listing comes as Klarna makes a push to evolve from pure-play BNPL into a broader shopping, payments and banking platform.
