Klarna (KLAR -3.76%) finally completed its long-awaited initial public offering (IPO) on Sept. 10, 2025. The financial technology company priced its shares at $40, raising $1.4 billion and giving it a $15 billion valuation. Shares opened at $52, up 30% over the IPO price, highlighting high investor demand.
Klarna is leading the generational shift away from credit cards. The Swedish company specializes in making buy now, pay later (BNPL) consumer loans. It has also been an early leader in using artificial intelligence (AI) to accelerate its mission of revolutionizing the consumer-facing banking sector.
The company has quickly built out a global payment network and shopping assistant. It launched in 2005 and has grown to support 111 million active customers and more than 790,000 merchants across 26 countries, handling $112 billion in gross merchandise value. Klarna's strategy has drawn some of the biggest venture capital and financial firms to become early investors in its financial technology platform.
These factors have made Klarna a widely anticipated initial public offering. Here's a guide to everything you need to know about how to invest in Klarna now that it has finally completed its IPO.
How to buy
How to buy Klarna stock
Now that it's a publicly traded company, anyone can buy shares of Klarna in their brokerage account. Here's a step-by-step guide on how to buy the stock:
- Open your brokerage account: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Should you invest?
Should I invest in Klarna?
Now that Klarna's a public company, anyone can easily buy shares in their brokerage account. Here are some reasons why you might want to buy shares of Klarna:
- You're a fan of the company and use its services.
- You think it can disrupt the credit card and financial services industries.
- You think Klarna can continue growing its revenue briskly and eventually start producing sustainable profits.
- You believe Klarna can keep its competitors at bay.
- You prefer to invest in founder-led companies.
- You're excited that Klarna is embracing artificial intelligence to enhance its products.
On the other hand, here are some reasons why Klarna might not be the right choice for your portfolio:
- You don't use BNPL products.
- You prefer one of Klarna's competitors.
- You're concerned about there being too much competition in the BNPL space.
- You're worried that a recession could significantly affect Klarna's growth and profitability.
- You're not sure Klarna can become consistently profitable.
Profitability
Is Klarna profitable?
Klarna has been reporting its financial results in anticipation of its IPO. It reported its second-quarter results in August 2025. The financial technology company booked $823 million in revenue during the period. It also posted its fifth straight quarter of operational profitability at $29 million, up more than $26 million from the prior quarter.
However, the company still wasn't profitable on a generally accepted accounting principles (GAAP) basis. Its net loss for the quarter was $53 million, an increase from the $18 million net loss it posted in the year-ago period.
Reaching sustained profitability will be important for Klarna. Companies that grow their earnings tend to create the most value for investors over the long term.
Dividends
Does Klarna pay a dividend?
No, Klarna doesn't pay a dividend. The financial technology company had just completed its IPO in late 2025 and had yet to initiate a dividend. It likely won't start paying a dividend anytime soon because the company isn't yet profitable.
ETFs
ETFs with exposure to Klarna
As a recent IPO, Klarna has yet to make its way into most ETFs, so you can't yet use ETFs to gain passive exposure to the financial technology company.
However, investors interested in IPO stocks or fintech stocks could consider the following ETFs as a way to capitalize on the same trends driving Klarna's growth:
- Renaissance IPO ETF (IPO -0.02%): This ETF invests in new IPO stocks. It rebalances each quarter, adding new companies as they go public and cycling older ones out after three years. In late 2025, the fund held shares of nearly 30 companies. It charges investors an ETF expense ratio of 0.6%.
- ARK Fintech Innovation ETF (ARKF 3.67%): This actively-managed fund invests in companies focused on fintech innovation. It aims to hold 35-55 stocks and charges investors a 0.75% expense ratio.
Stock splits
Will Klarna stock split?
Klarna doesn't have an upcoming stock split. The company has just completed an IPO in late 2025. It priced its shares at $40, and they were above that level shortly after going public. That's an accessible price point for most investors. Klarna's stock would need to continue rising before it would consider a stock split.
Related investing topics
The bottom line
The bottom line on Klarna
Klarna aims to revolutionize the retail banking sector. It offers customers BNPL options as an alternative to credit cards and is an early adopter of AI to improve its offerings. It's growing fast and is on the cusp of sustainable profitability. These features make it one of the more exciting financial technology companies.
FAQ
Investing in Klarna FAQ
What is the stock symbol for Klarna?
The stock symbol for Klarna is KLAR.
Should you invest in Klarna?
Klarna has a lot of attractive investment characteristics. The founder-led company is growing fast and disrupting the traditional banking industry. It's also getting close to reaching sustained profitability. These factors make it a potentially compelling stock that investors could consider buying.
Is Klarna private or public?
As of Sept. 10, 2025, Klarna is a publicly traded company.
What is the value of Klarna?
Klarna priced its shares at $40, giving it a $15 billion valuation on its first day of trading.
