Swedish online lending platform Klarna has successfully priced its initial public offering (IPO) at $40 per share, exceeding the anticipated range of $35 to $37. This pricing values the company at approximately $15 billion. The IPO raised a total of $1.37 billion, with $1.17 billion allocated to existing shareholders and $200 million directed to the company. Despite a widened net loss of $53 million in the second quarter, Klarna's revenue saw a 20% year-over-year increase, reaching $823 million. The company will trade on the New York Stock Exchange under the ticker symbol "KLAR."