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Gen Z sees a lot of value in using Klarna, compared to credit cards, says Sequoia's Andrew Reed
Youtube· 2025-09-10 15:44
Sequoia is selling 2.1% million shares in the IPO and will retain a stake of more than 20% after the debut, making its largest shareholder. Welcome. It's good to have you.Congratulations. Thank you for having me. It was it was interesting talking to him.We've been talking to Sebastian on air for years, but he he he brings you back to studies and a vision that's a decade or more old about how consumers would view their financial tools. Yeah. Now when Sequoia first invested in Sebastian and Clara, it was 15 y ...
Klarna raises $1.37 billion in US IPO, boosting fintech hopefuls
Yahoo Finance· 2025-09-09 13:41
By Ateev Bhandari and Harshita Meenaktshi (Reuters) - Buy-now, pay-later lender Klarna said on Tuesday it has raised $1.37 billion in its U.S. initial public offering, setting the stage for a market debut that could set the trend for high-growth fintech listings. The Sequoia Capital-backed Swedish company and some of its existing investors sold 34.3 million shares at $40 each, above the targeted range of $35 to $37. Earlier in the day, Reuters had reported, citing two sources, that the IPO values Klarna ...