Klarna, buy now pay later giant, makes stride towards US float of $20bn

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Klarna, a leading buy now pay later (BNPL) finance company, has reached a significant milestone in its journey towards a stock market flotation with an expected valuation of $20 billion (£15.9 billion). Sources have informed that the Stockholm-based consumer credit provider has received approval from shareholders and regulators to establish a new UK-registered holding company.

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