Klarna Seeks New $150 Million Funding Round Ahead of U.S. IPO

Swedish fintech company Klarna is discussing a fresh $150 million funding round at a $6.5 billion valuation, according to people familiar with the matter. The talks come as the payments firm prepares for a possible U.S. stock market debut later this year.

If completed, the new capital would add to Klarna’s efforts to strengthen its balance sheet and support its expansion plans before an expected listing. The company has long been viewed as one of Europe’s most closely watched financial technology names.

The timing of the fundraising suggests Klarna is seeking additional investor backing as it navigates a public-market window that has remained uneven for growth-focused tech firms. A valuation of $6.5 billion would place the company well below its 2021 peak, reflecting the broader reset in fintech and venture markets.

Klarna has not publicly confirmed the size or terms of the round. Any transaction would depend on market conditions and investor demand as the company moves closer to a potential IPO.