There are signs of strong demand for the financial-technology company’s initial public offering. Klarna’s KLAR IPO priced at $40 late Tuesday, well above its expected range of $35 to $37. An early indication from the New York Stock Exchange suggests an open between $48 and $50, though that can change as the first trade draws nearer.

Klarna CEO Sebastian Siemiatkowski worked at Burger King and lived on welfare before starting his $16 billion fintech firm.

Klarna gave employees a rare exemption from the typical six-month post-IPO lockup selling period by letting them cash out shares.

Klarna is expanding its AI tools in shopping and credit—but warns of risks from biased data and strict EU regulations.

Klarna's $1.37B IPO at $40 per share unlocks significant wealth for employees, with early hires potentially gaining $600,000 to $2.5M

Klarna’s IPO launches on NYSE at $40, raising $1.3 billion, promoting BNPL services and debuting an AI-powered CEO hotline.

Hi, it’s Mike Hytha in San Francisco with a look at the biggest week for IPOs in more than a year. Also Vimeo finds a buyer while Siemens weighs a hefty divestiture. Please not that yesterday's edition of the Bloomberg Deals newsletter was sent twice due to a technical error.

Buy-now, pay-later lender Klarna said on Tuesday it has raised $1.37 billion in its U.S. initial public offering, setting the stage for a market debut that could set the trend for high-growth fintech listings.

Ark Invest CEO Cathie Wood wants a piece of Klarna, after the company's IPO turned into one of the biggest of the year.