Klarna priced its IPO at $40 per share, raising $1.37 billion at a $15.1 billion valuation, above guidance. Despite a $153 million loss in H1 2025, the firm posted $1.52 billion revenue and has 111 million users. Retail sentiment on Stocktwits is 'extremely bullish,' though Klarna’s valuation is well below its $45.6 billion peak in 2021.