Payments firm Klarna files for IPO, showing 24% revenue jump

Klarna Group Plc filed publicly for a US IPO in what could be one of the year’s biggest financial company listings.

The Stockholm-founded digital payments company’s revenue climbed 24% last year. Klarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission. Klarna filed confidentially for the initial public offering in November.