Sweden’s Klarna Pauses IPO Until Late 2025, Reports Say

This decision comes amid significant market volatility triggered by President Donald Trump's recent implementation of broad tariffs on global trading partners, which has unsettled financial markets and led to a slowdown in IPO activity .

According to a report by Swedish business newspaper Dagens Industri, Klarna is now planning to proceed with its IPO after the summer of 2025. This information comes from multiple individuals familiar with the situation. The company has not officially confirmed this revised timeline.

“Klarna’s management wants to see greater support and momentum,” the site quotes one source close to the company as saying.

German climate tech startup 1Komma5° has also delayed its planned U.S. IPO, citing the same market disruptions . Experts suggest that it may take some time before Klarna and other late-stage startups can proceed with their IPOs, as the current market conditions are making it challenging for companies to go public successfully.

“The IPO window is as closed as it can be. Right now, you simply can’t price a company,” said Richard Goldman, chairman of the executive transaction group at the investment firm Redeye. “We’re in the eye of the storm. It’s a binary outcome.”

About Klarna

Klarna is a global service that helps with payments and shopping. It offers different payment options, like paying after delivery, paying right away, or paying in installments, all in a simple one-click checkout.