Klarna (clear) stocks rises after the public subscription

clear The shares emerged by 30 % in their first appearance on the New York Stock Exchange on the Stock Exchange on Wednesday, and opened at $ 52, after the Swedish lender via the Internet priced the public subscription above its expected scope.

The company, known for the famous purchase now, pays subsequent products, Arrows at $ 40 On Tuesday, he raised $ 1.37 billion for the company and current shareholders. The offer is made by Clarna about $ 15 billion.

The most recent public subscription is a growing list of prominent technical subscriptions this year, indicating an increase The request from Wall Street For new offers. Companies like Stablecoin Isuer circle And the design of the software platform Figma They rose in their appearance for the first time. Meanwhile, the Crypto Exchang GEINI is expected to be published later this week.

“For me, it is truly a milestone,” CNBC told CNBC on Wednesday. “It is somewhat similar to a wedding. You are preparing a lot and plans for that and it is a big party. But in the end – the marriage continues.”

Klarna’s entry into public markets will test Wall Street about the direction of her business. The company spoke in recent months of its transfer to banking services, offering the discount card and personal deposit accounts in the United States

Simiakovsky told CNBC that Klarna has signed 700,000 card agents in the United States so far and has 5 million people on a waiting list seeking to reach the product. He added that the KLARNA card represents a different proposal to compete with the Fintech Enject card, which has attracted two million users since its launch in 2021.

“We are attracting a little different audience, perhaps from the confirmation card,” said Simiakovsky. “I have the impression that it is the most simply card that people use to be able to finance with attention to a little higher tickets.”

In addition to confirmation, Klarna also competes with AfferPay, which was acquired For $ 29 billion in 2021 by Square, now a unit from roadblock.

Clarna faces some potential regulatory winds. In the United Kingdom, the government has proposed new bases to provide BNPL loans under official oversight to address the ability to withstand costs regarding the market.

The public subscription has been preparing to generate billions of dollars for some of Clarna’s investors for a long time. The current shareholders offer the largest part of the shares of Klarna – 28.8 million – in the public market. At the public subscription price of $ 40, this translates into more than $ 1.2 billion. Meanwhile, Clarena raised $ 222 million in public subscription.

Sikoya, who was first supported in Clarena in 2010, invested $ 500 million in total. The project company sold 2 million from 79 million shares in public subscription, which means that it generates a total return of about $ 2.65 billion, based on the offer price.

Andrew Reed, a partner in Sikoya, told CNBC that he is still in college when Sikoya investigated his first in a “alternative payment company in Stockholm”. He said that early work was about expansion in Europe.

“Being here in New York after 15 years with more than 100 million consumers and more than $ 100 billion from GMV (the value of the total goods) and near a million merchants, it is amazing after one year of execution, growth and long -term vision,” Reid said.

Another Klarna investor was not very lucky. The Japanese Softbank led a 2021 financing round in Clarna, with a rating of $ 46 billion, and since then has seen the value of its share It drowns greatly.

He watches: CNBC interview with Claarna Sebastian Siematkowski CEO