Klarna's $17B IPO just triggered the biggest fintech race since 2021
Key Points
- Klarna's $17 billion IPO success signals a revival in fintec...
Klarna just proved that fintech IPOs aren't dead – they were just taking a very long nap. The Swedish buy-now-pay-later giant's $17 billion debut on the NYSE shot up 30% on day one, sending a clear message to Wall Street: "Remember us? We're back, and we brought friends."
The Usual Suspects Are Getting Restless
Suddenly, every fintech CEO is dusting off their IPO roadshow PowerPoints. Stripe, valued at a modest $91.5 billion in its latest secondary sale, has been playing hard-to-get with public markets longer than a premium dating app user. The Collison brothers have been dropping hints ...
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