Payment giant Klarna (KLAR.US) is rumored to restart its US stock IPO in September and the valuation may reach 14 billion US dollars

The Zhitong Finance App learned that according to two people familiar with the matter, Swedish “buy now, pay later” giant Klarna (KLAR.US) plans to seek a valuation of 13 billion US dollars to 14 billion US dollars in this US initial public offering (IPO). The IPO is likely to take place in September.

The digital payments company suspended its IPO plan in April due to market turmoil caused by US President Donald Trump's tariff statement. However, there were media reports in July that the company may restart its IPO as early as September.

According to reports, the issue price of Klarna shares may be determined as early as this week. The price range is 34 to 36 US dollars per share.

People familiar with the matter revealed that the company plans to raise nearly 1 billion US dollars through an IPO.

Notably, the media previously reported that Klarna's IPO valuation target was over $15 billion in March of this year, while the valuation target for 2021 was around $46 billion.

As the IPO is about to begin, Klarna faced profit pressure in the second quarter due to a sharp increase in loan loss provisions. Due to the rapid spread of its “fair finance” products, Klarna raised its credit loss reserve, which resulted in Klarna recording a pre-tax loss of $53 million, up from a loss of $18 million in the same period last year.

According to the latest operating data, Klarna has 111 million active users worldwide, an increase of 31% over the previous year, and 790,000 cooperative merchants.