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Returning To Profitability, Klarna Prepares For IPO!
In a strategic move gearing up for its future public listing, Swedish fintech giant Klarna has initiated a significant corporate reshuffle, confirming preparations for an impending IPO. The firm announced the formation of a holding company in the United Kingdom, marking a pivotal step in this direction, a decision supported by a profitable third quarter that witnessed a 30% revenue increase to approximately $550 million.