Swedish fintech Klarna has taken a significant step towards its highly anticipated U.S. IPO by making its F-1 prospectus public. The company aims to raise at least $1 billion at a $15 billion valuation, with its previous private valuation recently rebounding to $14.6 billion. Klarna’s revenue has increased to $2.8 billion in 2024, and it has reported a net profit of $21 million, a significant swing from a loss in 2023.
Forecast for 6 months: Klarna’s IPO is expected to be successful, with the company raising the desired $1 billion at a $15 billion valuation. This will further solidify Klarna’s position as a leading player in the buy-now, pay-later financing market.
Forecast for 1 year: Klarna’s revenue is expected to continue growing, reaching $3.5 billion by the end of 2026. The company’s use of AI-powered customer service bots will lead to increased efficiency and cost savings, allowing it to invest in further growth initiatives.
Forecast for 5 years: Klarna’s valuation is expected to reach $30 billion by 2030, driven by its continued growth in the buy-now, pay-later financing market. The company will expand its services to include new products, such as personal loans and credit cards, further increasing its market share.
Forecast for 10 years: Klarna will become a leading player in the global fintech market, with a valuation of over $50 billion. The company will have expanded its services to include a wide range of financial products, and will have established partnerships with major banks and financial institutions.
