KLARNA TO SEEK VALUATION OF UP TO $14 BILLION IN IPO NEXT MONTH

Summary from the TLDR Founders newsletter

Klarna plans to go public in the U.S. next month, seeking a valuation of $13-$14 billion after pausing its IPO in April. The fintech company aims to raise nearly $1 billion, with shares priced at $34-$36. This reflects a significant drop from its 2021 valuation target of $50 billion.