FxPro expanded its list of tradable instruments by introducing contracts for difference (CFDs) on Klarna shares. The move comes as the Swedish fintech company completed its long-awaited US initial public offering this week, raising $1.37 billion in New York and reaching a market capitalization of about $15.2 billion.
Trading Klarna With FxPro
The company announced today (Thursday) that FxPro clients can now go long or short on Klarna stock (KLAR.N) through CFDs. The broker supports trading on MetaTrader 5, its proprietary app, and WebTrader.
Minimum positions reportedly start at 0.01 shares, and execution is designed for both short-term and longer-term strategies. Klarna’s listing gives traders a new opportunity to engage with the fast-moving fintech sector.
Klarna’s IPO priced shares at $40, reflecting strong investor demand. The offering had faced earlier delays due to market uncertainty linked to tariffs, but eventually went ahead as sentiment improved. The deal places Klarna among the most closely watched fintech listings of the year.
Related: Klarna Expands Reach with Stripe Integration, Gearing Up for US$20 Billion IPO
Klarna’s debut on Wall Street turned into a strong statement about the state of the IPO market. The Swedish fintech saw its shares soar by 30% in New York, closing its first trading day with a valuation of $19.65 billion, Reuters reported. The jump marked a sharp turnaround for the buy-now, pay-later company, which has endured volatile valuations over the past three years.
IPO Market Regains Momentum
Fintech is one of seven companies, including the crypto exchange Gemini, that went public. The busy calendar follows a near three-year drought in new issues, interrupted by tariff-driven volatility earlier this year. Klarna and several others had paused plans in April when markets turned turbulent.
“We think offering human customer service is always going to be a VIP thing,” Klarna CEO Sebastian Siemiatkowski recently told TechCrunch, while comparing AI service to bespoke clothes.
“So we think that two things can be done at the same time,” he said. “We can use AI to automatically take away boring jobs, things that are manual work, but we are also going to promise our customers a human connection.”
The company and its investors sold 34.3 million shares at $40 each, above the initial range of $35 to $37. That pricing gave Klarna a market capitalization of $15.1 billion at the IPO, which quickly rose after shares opened at $52.
Founded in 2005 in Stockholm, Klarna built its business around buy now, pay later services. It now serves millions of customers globally and partners with thousands of retailers. The company has steadily increased its US presence, making the Wall Street debut a key milestone in its international strategy.
