Klarna IPO Prices Above Expected Range For Affirm Buy Now, Pay Later Rival

BREAKING: Futures Mixed But Oracle Skyrockets On Blowout OutlookKlarna Group (KLAR), a rival of Affirm Holdings (AFRM) in the "buy now, pay later" market, priced its initial public offering above the expected range.The Klarna IPO sold 34.3 million shares at $40 a share vs. the targeted range of $35-$37. The Swedish payments company raised $1.37 billion, giving Klarna an initial valuation of $15.1 billion.KLAR stock will begin trading on the NYSE on Thursday.Klarna argues that it's more of a digital bank tha ...