NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- ERShares’ Private-Public Crossover ETF (XOVR) has become the first ETF to provide investors exposure at the IPO stage. This milestone - historically reserved for venture capital, insiders, and institutions - was illustrated with Klarna’s recent IPO. XOVR was relaunched on August 30, 2024, when ERShares combined its proprietary Entrepreneur 30 Total Return Index (ER30TR) with selective private equity exposure, building a structure designed to capture growth opportu ...

Fresh off its initial public offering (IPO), fintech company Klarna Group (KLAR) seems to be at the crux of another growth boom. The company’s newly launched Klarna card is gaining significant traction among consumers. The card was launched in July and quickly became a customer favorite. In the second quarter, the company initiated the U.S. rollout to deliver a smarter wallet experience, introducing features such as real-time transfers and deposits. By the end of the quarter, the card had an acceptance ra ...

Google on Thursday launched a comprehensive AI platform for businesses called Gemini Enterprise, the latest effort by the Alphabet-owned company to compete with Anthropic and OpenAI in the fast-growing market for workplace AI tools. As part of the launch, Google announced several new Gemini Enterprise customers, including the software design firm Figma; the buy-now-pay-later company Klarna; the foodservice distributor Gordon Foods; Australian retail bank Macquarie Bank; and Virgin Voyages, a cruise line ...

Klarna (KLAR) is a leading financial technology company specializing in flexible digital payment solutions and “buy now, pay later” (BNPL) services for online shoppers. Klarna has become one of the world’s largest providers in its sector, serving over 100 million consumers and hundreds of thousands of merchants. The company’s platform integrates payments, credit, and shopping tools while recently expanding into banking and digital marketing services. Founded in 2005, Klarna is headquartered in Stockholm, ...

NEW YORK (AP) — The U.S. government shutdown is waving a caution flag at private companies racing to make the move to the public market. The market for initial public offerings has been on a years-long recovery after spiking inflation slammed the brakes on activity in 2022. The IPO market is already on track for its best year since 2021 with 163 deals and $31 billion in proceeds raised so far, according to Renaissance Capital. Companies rely on the U.S. government, through the Securities and Exchange Com ...

Core Insights - The rise of private capital and VC-funded unicorns has led to a perception that public markets are becoming obsolete, with companies like Meta, Uber, and Airbnb thriving without going public [1][2] - Despite the allure of private markets, companies like Klarna have opted for IPOs, indicating that public markets still offer significant advantages [2][4] Group 1: Public vs. Private Markets - Many companies prefer private markets due to reduced scrutiny and governance requirements, leading to a decline in the number of listed companies and new IPOs in developed markets over the past two decades [3] - Public markets provide essential benefits such as discipline, credibility, and opportunities for stakeholders to realize value, making them a viable option for growth [4][5] Group 2: Market Capitalization and Misconceptions - Global public market capitalization has increased to over $90 trillion, representing about 112% of global GDP, countering the notion that public markets are dying [5] - The belief that companies must choose between short-term pressures and private market refuge is a misconception; with the right strategy, public companies can achieve superior long-term value [5] Group 3: Short-term Focus in Public Companies - Public companies often face pressure to meet quarterly targets, which can lead to increased stock price volatility; however, this focus on short-term earnings is not a necessity but rather a habit [6]

The U.S. stock market experienced a mixed but generally positive trading day on Monday, October 6, 2025, as investors largely shrugged off the ongoing government shutdown and focused on significant corporate news, particularly within the artificial intelligence sector. While the tech-heavy Nasdaq Composite (IXIC) and the broader S&P 500 (SPX) posted gains, the Dow Jones Industrial Average (DJIA) edged lower. The resilience of the market comes against a backdrop of delayed economic data and anticipation for ...

"We think the risk/reward is attractive for a leading global commerce network with an early opportunity in several underpenetrated regions and further optionality to unlock incremental [gross merchandise value] and revenues through new partnerships and product expansion,†Wedbush wrote Monday. Key Takeaways Buy Klarna stock, analysts say, and it will pay off later. Klarna (KLAR) shares, which closed Friday near $41, are poised to rise as the company's business expands, analysts said. Deutsche Bank, Wedbush a ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Viewpoint - BofA Securities initiated coverage on Klarna with a Buy rating and a price target of $51.00, highlighting its leadership in the Buy Now, Pay Later (BNPL) market [1] Group 1: Market Opportunity - BofA estimated the total addressable market for BNPL at $2.9 trillion by 2030, with significant growth potential in the U.S. [2] - Analysts noted that Klarna's expanding merchant network presents a major growth opportunity [2] Group 2: Competitive Advantages - Key competitive advantages for Klarna include solid credit performance, a favorable funding structure, and a diverse product suite [2] - The firm emphasized that Klarna's shares are trading at 8x enterprise value to projected 2026 gross profit, indicating a compelling valuation with room for upside [2]