IPOs

The AI-powered auto lender is the latest fintech to debut an IPO in recent months, even as a different auto lender filed for bankruptcy this week.

The Swedish lender best known for buy now/pay later financing in the U.S. became a public company Wednesday, five months after it delayed its IPO due to President Donald Trump's tariff policy.

BNPL lender Klarna officially revived its highly anticipated IPO, and cryptocurrency exchange Gemini also announced plans for a public offering. The offerings follow Chime and Circle's blockbuster IPOs in June.

Lynn Martin, NYSE's president, said the surge in retail investment bodes well for overall market health. 

Klarna Group Plc is considering reviving its potential New York initial public offering as soon as September, people familiar with the matter said, following a recent surge in fintech stock prices and strong debuts of US listings.

The U.K. fintech's shares fell about 5% in London, partly due to international currency volatility. It hopes a U.S. listing will improve the company's ability to raise capital.

The wealth management and digital banking fintech is following in the footsteps of other fintech IPOs as the market rallies around Chime and Circle.

In an interview with American Banker following Circle's IPO debut, President Heath Tarbert discussed the stablecoin issuer's go-public timing, the importance of regulation and transparency and how the fintech sees itself working with banks.

The stablecoin issuer's initial public offering is widely seen as a bellwether for the cryptocurrency industry at large. Circle's stock traded as high as $95.98 midday Thursday, nearly triple its $31-a-share pricing.

The payments company hopes to build its brand outside of its U.K. home base while attracting a deeper investor pool.