Klarna stock price rose initially after its much-anticipated initial public offering. KLAR surged to over $57 and then closed at $45, giving it a market capitalization of over $17 billion. ...

Group 1 - Klarna achieved a valuation of $19.5 billion after going public, with shares rising over 30% following an initial public offering that raised $1.37 billion [1] - The stock opened at $52 per share, exceeding the expected pricing of $40 [1] - The CEO highlighted a growing demand in the U.S. for alternatives to credit cards, as consumers seek better products due to dissatisfaction with high interest rates [2][3] Group 2 - A study indicated that 20% of American households are financially stable but view credit cards negatively, preferring fixed installment products [2] - Klarna's Visa-powered debit card has a waiting list of 5 million people, which could position the company as one of the larger card issuers in the U.S. [5] - The company offers merchants an alternative to high credit card processing fees, which can help increase their sales by providing consumers with 0% interest installment options [6]

Core Viewpoint - Klarna's IPO was highly successful, with the stock opening at $52, a 30% increase from the IPO price, and the company reaching a valuation close to $20 billion at its peak [1][2][5]. Group 1: IPO Details - Klarna's IPO raised approximately $1.37 billion by issuing about 34.3 million shares at an initial price of $40, which was above the guidance range of $35 to $37, representing a premium of 8.1% to 14.3% [5]. - The stock opened at $52, peaked at $57.2, and closed at $45.82, reflecting a 14.55% increase [2][5]. - The IPO attracted over 20 times the amount of oversubscription, indicating strong market demand [5]. Group 2: Financial Performance - For the six months ending June 30, Klarna reported revenues of $1.52 billion and a net loss of $153 million [6]. - The company has expanded its services beyond "Buy Now, Pay Later" (BNPL) to include savings accounts, checking accounts, and credit cards, holding a full banking license in the EU [6]. Group 3: Investor Insights - Sequoia Capital, Klarna's largest investor, invested approximately $500 million since 2010, and the IPO is expected to yield over $6 billion in returns [5][7]. - Sequoia held 21% of Klarna's voting shares, valued at $3.15 billion at the IPO price, and sold only about 2% of its holdings during the IPO [7][8]. Group 4: Market Context - Klarna's successful IPO revitalized the U.S. IPO market, contributing to a total fundraising amount of $25.7 billion for the year, a 26% increase compared to the previous year [5][10]. - The timing of Klarna's IPO coincided with a recovery in the IPO market, following delays due to market volatility earlier in the year [10].

| 市场 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 欧美 | 道琼斯工业平均 | 45490.92 | -220.42 | -0.48% | | | 纳斯达克 | 21886.06 | 6.57 | 0.03% | | | 标普500 | 6532.04 | 19.43 | 0.30% | | | 欧洲斯托克50 | 5361.47 | -7.35 | -0.14% | | | 英国富时100 | 9225.39 | -17.14 | -0.19% | | | 法国CAC40 | 7761.32 | 11.93 www.gogudata.com | 0.15% | | | 德国DAX | 23632.95 | -85.5 | -0.36% | | | 俄罗斯RTS | 1081.07 | -30.01 | -2.70% | | | 上证指数 | 3812.22 | 4.93 | 0.13% | | | 深证成指 | 12557.68 | 47.08 | 0.38% | | | 创业板指 | 2904.27 | 36.3 | 1.27% | ...

Brendan McDermid/Reuters Klarna stock popped more than 30% in its trading debut on Wednesday. The Swedish fintech company is the latest hot tech IPO to draw a The oversubscribed IPO raised $1.37 billion. The parade of red-hot tech stocks to surge in their first day of trading continued on Wednesday. Klarna shares spiked more than 30% to about $52 a share in their debut after the Swedish fintech company priced its initial public offering at $40 per share on Tuesday, the high end of its expected ran ...

Group 1 - Klarna went public on the New York Stock Exchange with an opening price of $52, which is 30% higher than the IPO price, reaching an intraday high of $57.2 before closing at $45.82, reflecting a 14.55% increase [2] - Founded in 2005 and headquartered in Stockholm, Klarna is known for its "Buy Now, Pay Later" (BNPL) services and is transitioning from a single BNPL service provider to a comprehensive financial services provider [2] - The company has expanded its offerings to include savings accounts, checking accounts, and credit cards, and holds a full banking license in the EU [2] Group 2 - In the U.S. market, Klarna has partnered with Visa to launch a debit card and is the exclusive BNPL service provider for Walmart, also offering services on platforms like eBay [2] - For the six months ending June 30, Klarna reported revenues of $1.52 billion and a net loss of $153 million [2] - Klarna operates in 26 countries and has seen an increase of 26 million active users over the past 12 months [2]

Today we saw one of the largest IPOs of the year when CLA, the buy now pay later outfit, came public, raising nearly $1.4% billion. This is the biggest deal of the biggest week for IPOs in four years. And it came public with a bang, shooting up 30% at the open before pulling back a bit.So I want to take a real closer look at that. I know you're interested. First, some basics.I called Cla a buy now pay later company like a firm holdings my real favorite in the group but it's a little more complicated than th ...

Core Viewpoint - CLA, a buy now pay later company, had a successful IPO, raising nearly $1.4 billion, marking one of the largest IPOs of the year and the biggest week for IPOs in four years [1] Company Overview - CLA offers various consumer financing options, including a CLA card and a technology platform for tracking spending [2] - Approximately 48% of the top 100 merchants in CLA's markets use its services, and 66% advertise on its network [2] - The company generates about 75% of its revenue from transaction and service fees, with the remaining 24% from interest income on traditional lending [3] Financial Performance - CLA's gross merchandise volume (GMV) grew by 12% in 2023 and 14% in 2024, with a 14% year-over-year increase in the first half of the current year [6] - Revenue increased by 20% in 2023 and 24% in 2024, with a 15% rise in the first half of 2025 and a 21% increase in the second quarter [7] - CLA's transaction margin improved from 36% in 2022 to 48% in 2023 but fell to 43% in 2024 and 38% in the first half of 2025 [8] - The adjusted operating margin transitioned from negative 38% in 2022 to positive 6.4% in the previous year, with a 2.1% margin in the first half of this year [9] IPO Details - The IPO involved the sale of 34.3 million shares, with only 16% coming from the company itself, indicating that it primarily served as an exit for early investors [10][11] - CLA had $5.5 billion in cash and cash equivalents at the end of June, suggesting it does not need the funds from the IPO [12] Valuation Insights - CLA's valuation fluctuated significantly, from $46 billion four years ago to $6.7 billion in 2022, and recently raised funds at a $15 billion valuation [15] - The IPO priced above $40 per share, valuing the company at over $15 billion, and after opening in the 50s, it is now valued at over $17 billion [16] - Projected sales for CLA are expected to reach $3.23 billion this year, reflecting a 15% growth from last year [17] - Compared to publicly traded analogs, CLA's current sales multiple is approximately 5.4 times, while competitors trade at around 6.9 to 7 times sales [18]

IPO Overview - CLA 完成了今年最大的 IPO 之一，融资近 14 亿美元 [1] - CLA 的 IPO 是四年以来规模最大的一周 [1] - CLA 上市首日股价上涨 30% [1] Business Model - CLA 是一家“先买后付”公司，类似于 Affirm Holdings，但业务更为复杂 [2] - CLA 提供各种消费者融资选择，包括 CLA 卡和一个帮助人们跟踪支出的技术平台 [3] - CLA 在其运营的每个市场中，平均有 48% 的前 100 名商户使用 CLA 来促进支付，66% 的商户在 CLA 的网络上做广告 [3] - CLA 的收入主要来自交易和服务费，约占 75%，主要通过从使用其网络的每笔交易中抽取分成 [4] - CLA 还通过商家广告获得收入，并从消费者购买预算工具等服务中收取费用 [5] - CLA 还提供更传统的贷款业务，公司剩余 24% 的收入来自长期融资选择的利息收入 [6] Credit Quality - CLA 的信贷质量数字显示出令人印象深刻的承销标准，即使该过程是完全自动化的 [6] - CLA 的信贷损失准备金占其商品总额的 0.52% [7] - 相比之下，商业银行的贷款损失占总贷款的比例去年平均为 2.92% [7]

Company Overview - CLA, a buy now pay later company, recently went public, raising nearly $1.4 billion, marking one of the largest IPOs of the year and the biggest week for IPOs in four years [1] - The company offers various consumer financing options, including a CLA card and a technology platform for tracking spending [2][3] Market Presence - CLA is already significant in the market, with an average of 48% of the top 100 merchants in its operating markets using CLA for payment facilitation, and 66% advertising on CLA's network [3] Revenue Model - Approximately 75% of CLA's revenue comes from transaction and service fees, which are derived from a cut of transactions made through their network [4] - The remaining 24% of revenue is generated from interest income from traditional lending, although these transactions are less popular [6] Credit Quality - CLA has demonstrated impressive underwriting standards, with a provision for credit losses representing only 0.52% of its gross merchandise volume, significantly lower than the average loan losses of 2.92% at commercial banks last year [6][7]