Klarna, the global digital bank and provider of flexible payments, is now officially listed on the New York Stock Exchange under the ticker KLAR.

CEO and co-founder Sebastian Siemiatkowski marked the occasion by livestreaming the bell-ringing ceremony on Instagram Live and X, sharing the moment with employees, partners, merchants, customers, and investors who have contributed to Klarna’s growth.

Shares of Klarna rose 15% on their New York Stock Exchange debut on Wednesday (September 10), closing at US$45.82 after the Swedish fintech priced its initial public offering above the expected range.

Klarna, known for its buy now, pay later products, set the share price at US$40 on Tuesday (September 9), raising US$1.37 billion for the company and existing shareholders.

Reflecting on the milestone, Sebastian also shared an internal message thanking employees:

“Going public in New York is significant. It is not just a milestone; it is proof that a group of persistent individuals from Stockholm can take on the world and succeed. But this is not the finish line. It is fuel. Fuel for us to keep innovating and keep making life easier for millions of people. And I know we can do it because I’ve seen what you’re capable of.

I think about the early days a lot, how we scraped by, how we bet everything on this vision. But then I look at us now: thousands of talented people across the globe, a company that has changed how people shop and pay, and a team that does not back down from a challenge.”

Featured image credit: Klarna