Sources: Klarna has halted its planned IPO in the wake of Trump's tariffs turmoil; StubHub has also delayed its IPO plans
Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of Trump administration's sweeping tariff announcement.
How Klarna's Walmart deal ahead of its IPO put long-simmering tensions between Klarna CEO Sebastian Siemiatkowski and Affirm CEO Max Levchin on public display
Even by Sebastian Siemiatkowski's standards, it's been a wild month. — The chief executive officer of buy now …
Walmart's OnePay says Klarna will replace Affirm to offer buy-now-pay-later to US shoppers later in 2025, and OnePay can buy a Klarna stake; AFRM drops 10%+
Hugh Son / CNBC :
Sources: Klarna co-founder Victor Jacobsson, who left in 2012 and owns ~4% directly, may have an 8%+ stake via special purpose vehicles ahead of an expected IPO
Jacobsson used right of first refusal to buy Klarna stock and used veto rights to exercise influence despite leaving in 2012
Klarna to acquire PriceRunner, a product and price comparison service, for ~$124M as it looks to strengthen its buy now, pay later service
Klarna announced on Tuesday (Nov. 2) that it will acquire U.K.-based price comparison service PriceRunner for 1.06 billion Swedish crowns ($124.36 million) … Source: PR Newswire .
Stripe partners with Klarna to let retailers in the US, UK, and Europe more easily offer a buy now, pay later option
Tie-up will allow retailers easily to add option for customers to pay in instalments at checkouts — Online payments processor Stripe has entered a strategic partnership with …