Priya Patel
TLDR:
- Klarna, a European fintech company, is considering an IPO in 2024 with a $20 billion valuation.
- They aim to be the “artificial intelligence (AI) bank” and could be one of the largest IPOs of 2024.
In a potential turnaround for initial public offerings (IPOs), Klarna, a European buy now, pay later company, is discussing plans for a 2024 IPO with a $20 billion valuation. Dubbed the “artificial intelligence (AI) bank,” Klarna aims to utilize AI in its operations. The recent public debut of Reddit on March 21 has sparked interest in new issuers, and Klarna’s IPO could be a significant event in the market.
Klarna’s potential IPO comes at a time of excitement around AI technology in the fintech sector. With a focus on providing innovative financial solutions, Klarna’s IPO could be one of the largest in 2024. As the company navigates the IPO process, investors and industry experts will be closely watching for developments and market responses to this potential milestone in the fintech sector.
