Klarna priced its IPO at $40 per share, raising $1.37 billion.

Foresight News reports that digital payment company Klarna has priced its IPO at $40 per share, above the expected range, with a valuation of approximately $15 billion. The company stated that it has raised $1.37 billion for itself and its existing shareholders, who are looking to exit some of their long-held shares. The company will be listed on the New York Stock Exchange under the ticker symbol “KLAR.”