Klarna's coming IPO could offer a fundamental reset

Klarna's listing is the most-anticipated fintech IPO in years and is widely seen as a bellwether for the rest of the sector.

Why it matters: The pending IPO could encourage a growing push toward profitability for fintechs looking to go public.

The big picture: Many in the industry see Klarna as an ideal candidate to open the IPO window.

  • "In any normal historical context, Klarna would already be public. It's a scale player [with] over $100 billion in GMV, over $2 billion in revenue, and profitable," says Rainmaker Securities managing director Greg Martin.

Follow the money: "If Klarna does well, we'll see Chime and Revolut right behind it," Martin says… Read Full Article

Ken Anderson