Klarna is rushing to list on the New York Stock Exchange, with a fundraising goal of 1 billion dollars and an estimated valuation aiming for the 15 billion dollar mark.

According to sources familiar with the matter, Swedish fintech company Klarna Bank, known for its "buy now, pay later" service, is reportedly seeking to raise at least $1 billion in its upcoming IPO in the United States, with plans to submit its application as early as next week. Sources have indicated that Klarna plans to price its IPO in early April. The company aims to achieve a valuation of over $15 billion when listed on the New York Stock Exchange. According to sources, discussions are still ongoing, and details of the IPO plan, including timing, are subject to change. In a statement from November last year, Klarna was reported to have secretly submitted its IPO application to the U.S. Securities and Exchange Commission. The company is working with around 15 banks for its listing, with Goldman Sachs Group, JPMorgan, and Morgan Stanley leading the way. Klarna's listing, backed by Sequoia Capital, is expected to boost the IPO market in the tech industry, which has been relatively quiet since setting a record in 2021. Other fintech companies such as Chime Financial Inc. and Zilch Technology Ltd. are also considering their first-time IPOs this year. Klarna's valuation has fluctuated significantly in recent years. In a financing round in 2021, it reached a high point of $45.6 billion, but dropped to $6.7 billion in the following year. According to estimates from shareholder Chrysalis Investments Ltd. last year, analysts put its implied valuation at around $14.6 billion. CEO Sebastian Siemiatkowski stated last month that the company is exploring entering the cryptocurrency market. On February 8, he announced on social media platform X that Klarna "will embrace cryptocurrency."