Swedish buy now pay later (BNPL) player Klarna has confidentially filed a draft Registration Statement on Form F-1 with the US Securities and Exchange Commission (SEC), indicating its plans for an initial public offering (IPO). The timing of the offering remains subject to the SEC review process and market conditions.

Klarna has confidentially submitted an F-1 filing with the SEC for an IPO but provided no details about the number of shares to be offered or their price.

Klarna is taking its first tentative steps toward becoming a public company, submitting a draft registration statement with the SEC.

The Swedish 'buy now pay later' company began the process for a stock market listing with the Securities and Exchange Commission.

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing.Klarna confidentially submitted a draft registration statement to the Securities and Exchange Commission regarding the IPO,

Klarna said the date of its IPO is subject to market conditions and an SEC review, and that it has not yet determined the price range.

The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven’t yet been decided.

Swedish fintech company Klarna said it has filed for a long-anticipated initial public offering (IPO) in the U.S.