Fintech VCLink’s Post

Klarna Files for US IPO, Eyes Expansion in Fintech Market - Klarna, the Swedish fintech giant known for its buy now, pay later services, has filed for an initial public offering (IPO) in the United States, signaling a major expansion effort. - The move aims to capitalize on the growing popularity of alternative payment solutions and position Klarna as a leading player in the competitive US financial technology market. - With a successful IPO, Klarna plans to enhance its platform capabilities, expand its user base, and further innovate its payment solutions to meet evolving consumer demands. - This development reflects the broader trend of fintech companies pursuing public listings to access capital and accelerate growth in digital financial services. #Fintech #KlarnaIPO #BuyNowPayLater Read more: [https://buff.ly/3UOW47q]

👏 Congratulations to Volume on their impressive milestone! Volume is transforming the payments space with its account-to-account technology, cutting transaction fees to below 1% and providing businesses and consumers with a faster, more cost-effective alternative to traditional payment methods. With over $126M GMV processed in just 8 months and a $6M funding round secured, they’re positioned to reshape how businesses handle payments globally. We’re excited to see what’s next as they continue scaling across the UK and Europe. Read the full article here: https://buff.ly/3BKegc0 #fintech #paymentsinnovation #a2apayments #startupgrowth

Chime is gearing up for an IPO in 2025, under the guidance of Morgan Stanley, and it’s creating quite the buzz in the fintech arena. With a staggering 22.3 million customers and a 30% revenue growth, Chime is showing resilience despite a cooling market that has seen peers like PayPal struggle. This is not just a story of numbers; it’s about strategic innovation. Chime's recent launch of a cash advance feature addresses a critical consumer need, showcasing its commitment to enhancing user experience. However, with heightened scrutiny and an increasingly competitive landscape, Chime faces several hurdles as it prepares to go public. Its performance will be a litmus test for the entire fintech sector, reflecting broader shifts and investor sentiment. Can Chime turn these challenges into opportunities? Only time will tell, but the stakes couldn't be higher! Let's see if they can redefine the future of digital banking.

Good morning, catch up on this week's Cross River IQ (fka PeerIQ by Cross River) newsletter. Here are the highlights: ⤵⤵⤵ ➡ Fed officials sound more upbeat about possible rate cut ➡ Retail sales rebound ➡ CFPB releases EWA guidance ➡ Matera raises $100Mn ➡ Revolut seeks secondary sale ➡ Sequoia Capital deal could value Stripe at $70Bn ➡ Synapse bankruptcy update ➡ Is consumer fintech back? ➡ Capstack Technologies makes an acquisition ➡ Earnings season highlights Link to this week's edition in comments: ⤵⤵⤵ #consumerlending #fintech #baas

The tech IPO landscape for 2025 is buzzing with potential game-changers. Companies like CoreWeave, Klarna, Chime, Cerebras Systems, and Zopa are poised to make waves as they prepare to go public, driving excitement in sectors like AI, fintech, and digital banking. From AI infrastructure solutions to revolutionary financial platforms, these IPOs could redefine market trends and spark new opportunities for investors. With valuations reaching billions, 2025 could become a landmark year for innovation-driven IPOs.   https://lnkd.in/eMvwMGqN   #IPO2025 #TechInnovation #AI #Fintech #DigitalBanking #InvestmentTrends #CoreWeave #Klarna #Chime #CerebrasSystems #Zopa #AscentIR Ascent Investor Relations LLC

🚀 Exciting times for Klarna! The Swedish fintech giant has confidentially filed for an IPO in the US, targeting a valuation of up to $20bn. This move marks a shift from its previous peak of $46bn and highlights the competitive landscape between European and US stock markets. 🌍 Source: https://lnkd.in/e4YWc8kQ #FintechNews #EuropeanFinance #TechValuation

100M+ ARR. $4.7B valuation. 30K+ customers. 80% annual growth. In a sea of thousands of failed fintechs, Pleo’s growth story is a refreshing masterclass in how to do it right. The business expense management solution is dominating Europe’s fintech market, and they’ve existed for less than 10 years. So how did Pleo go from being a small Danish fintech company to being present in 10+ EU countries (and counting)? The short answer: slowly. The long answer: ⬇️ #SaaSSpotlight #91Ninjas

The 10 Biggest Fintech Exits of 2024 (TWIF 1/11) Hello fintech friends, The regular weekly newsletter starts up again next week – But first, we've ranked the largest fintech exits of 2024. To place in the top 10, a company had to get acquired or go public at a substantial $2.45 billion (!) valuation, a surprising number given 2024's characterization as a quiet exit market. 1. ServiceTitan, a software platform for trades and field services – which includes financial and payment tools for service providers – successfully priced its IPO at $ https://lnkd.in/eKcNWV5K

Chrysalis Investments (Investment Trust) has raised its stake in Klarna, marking a new valuation of approximately $14.6B for the BNPL provider. This valuation highlights substantial growth since Klarna’s $6.7B valuation in 2022, though it remains below its $45.6B peak in 2021. As Klarna eyes an IPO, possibly in early 2025, it continues to expand, reporting a 27% revenue increase and $66M in adjusted profits. CEO Sebastian Siemiatkowski credits sustainable growth, AI-driven efficiencies, and strong U.S. market expansion. https://lnkd.in/eHTVQByx #BNPL #Fintech #Klarna #ChrysalisInvestments #IPO

‘Klarna IPO will be huge’ - meaning, its impact as bellwether for #fintech. Thanks Caroline Hyde for having me back on Bloomberg TV to discuss. My take: —> Klarna made brilliant but difficult decision to cut its valuation from $46bn in ‘20 to $7bn in ‘22, allowing it to raise additional growth capital. Now it will list at $15-20bn range or higher, w/ room for upside. —> An IPO is not an end, but a new beginning. It achieves 3 goals - (1) marketing, (2) liquidity / fundraising, & (3) creating currency for deals + talent compensation. —> Who’s next? Look for fintechs Chime, Plaid, Revolut, Monzo Bank, Circle to consider listing. Further down, potentially Gusto, Rippling, Brex, Ramp, Navan, & largest of all, Stripe (the last not until late ‘25 or into ‘26). Video link: https://lnkd.in/eNk6ywhf