• Klarna Bank AB is set to file for a U.S. initial public offering (IPO) aiming to raise at least $1 billion, with plans to price the offering in early April. The company is targeting a valuation exceeding $15 billion, a significant rebound from its previous valuation drop to $6.7 billion in 2022. This move comes as the fintech sector shows signs of revival, indicating renewed investor interest in Buy Now, Pay Later (BNPL) services, which Klarna is well-known for. The IPO filing is expected to be made public as soon as next week, reflecting the company's strategic timing in a recovering market.

• The anticipated IPO is crucial for Klarna as it seeks to regain market confidence and financial stability after experiencing a dramatic decline in valuation over the past few years. The fintech industry, particularly BNPL services, is witnessing a resurgence, which could enhance Klarna's competitive position against rivals like Affirm and Afterpay. The successful execution of this IPO could provide Klarna with the necessary capital to expand its services and improve its market share, while also signaling a broader recovery in the fintech sector.