How to buy Klarna shares when it goes public

Klarna, a buy now, pay later e-commerce fintech company, is expected to conduct an initial public offering.

There's no news yet about how much the stock will cost when it goes public. No date has been set for when the stock will be publicly available.

How to buy shares in Klarna when it goes public

Once Klarna goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

1. Compare share trading platforms. Find a platform that suits your investing style. In this case, you might need a brokerage providing access to newly listed stocks. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Create an account using basic personal details along with your ID and bank information. You can make a deposit with a bank transfer, credit card or debit card.
3. Search for Klarna. Find the stock by name or the ticker symbol .
4. Buy Klarna shares. Once shares become available on your platform, decide how much stock you want to buy and create an order.

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What we know about the Klarna IPO

What we know about the Klarna IPO

The buy now, pay later (BNPL) e-commerce giant Klarna is expected to go public sometime in 2024. There’s no official date, but the CEO, Sebastian Siemiatkowski made a recent statement saying that it’s going to happen quite soon.

Klarna is a Swedish fintech company, but it’s expected the initial public offering will take place in the US, because that’s where a lot of its sales come from. And, the US is still the obvious choice for technology companies looking to raise as much money as possible.

Klarna’s main offering allows for customers to purchase products through major retailers, but with the ability to split or defer the payment. In the UK, you can use it to pay in 3 instalments or pay 30 days later.

The valuation for Klarna got slashed by around 85% to $6.7 billion in a 2022 funding round due to harsher market conditions. This is obviously much lower than a previous valuation of $46 billion.

There are over 150 million active consumers using Klarna’s service to buy from over 500,000 merchants - totalling more than 2 million transactions a day.

What we know about Klarna's balance sheet

• 160% growth in year-over-year mobile app downloads and 2 million monthly active app users by the end of October
• 21 million new customers worldwide
• 57,000 new retail partners including Etsy, Ralph Lauren and Express.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Klarna can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what it does and how its stock performs, including market capitalisation, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

• PayPal (PYPL.US)

  Company summary

  PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.

  Historical performance

  Stock information

  • Market capitalization: $83207438336
  • P/E ratio: 19.7549
  • PEG ratio: 1.4977
  • Dividend yield: N/A%

  Get more detailed information and learn how to buy PYPL.US shares

• Block (SQ.US)

  Company summary

  Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order managers, and payment and commerce application programming interfaces; managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. The Cash App segment offers financial tools within the mobile Cash App, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; direct deposit, cash boost, and tax preparation services; and Afterpay, a buy now, pay later platform. This segment also provides Pay in 4, monthly payment solutions, advertising and affiliate, shop directory, and Cash App Pay services; and business accounts, and Afterpay and Afterpay Plus cards. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and Spiral, which focuses on bitcoin open source work. It serves businesses, sellers, and individuals through e-commerce and retail distribution channels. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.

  Historical performance

  Stock information

  • Market capitalization: $43950907392
  • P/E ratio: 67.2315
  • PEG ratio: 0.347
  • Dividend yield: N/A%

  Get more detailed information and learn how to buy SQ.US shares

• Salesforce-com (CRM.US)

  Company summary

  Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale. In addition, its platform offering comprise a flexible platform that enables companies of various sizes, locations, and industries to build business workflow and apps with customer; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, an intelligent productivity platform. The company's marketing services enables companies to plan, personalize, automate, and optimize customer marketing journey, connecting interaction, and connected products; and commerce services, which empowers shopping experience across various customer touchpoint, such as mobile, web, social, and stores and provides click-to-code tools that offers customers to build and deploy solutions. Further, its analytics offering includes Tableau, an end-to-end analytics solution for range of enterprise use cases and intelligent analytics with AI models, spot trends, predict outcomes, creates summaries, timely recommendations, and take action from any device; and integration service including MuleSoft, which provides building blocks to deliver end-to-end and connected experiences. Additionally, the company provides data cloud, a hyperscale data engine native to Salesforce; vertical services to meet the needs of customers in industries, such as financial services, healthcare and life sciences, manufacturing and automotive and government; and offers salesforce starter for small and medium-sized businesses. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

  Historical performance

  Stock information

  • Market capitalization: $274142576640
  • P/E ratio: 49.5268
  • PEG ratio: 1.546
  • Dividend yield: 0.0056%

  Get more detailed information and learn how to buy CRM.US shares