Klarna and Northvolt, another Swedish company, were expected to follow suit. But Northvolt has put its IPO plans in cold storage as it has been scrambling to secure the funding it needs to stay afloat. Siemiatkowski had in August hinted at a potential IPO next year, saying it "sounds reasonable," but cautioned that no definite commitment was made.

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.

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

Klarna Group Plc, the Swedish company that offers "Buy Now, Pay Later" financing, confidentially submitted a draft registration statement for a proposed initial public offering to the U.S. Securities and Exchange Commission,