Klarna priced its initial public offering at $40 per share on Tuesday, according to CNBC. The price tops its expected range and values the Swedish buy now, pay later company at about $15 billion. The deal raised $1.37 billion, with $1.17 billion going to long-time shareholders and $200 million to the company. Klarna delayed its listing earlier this year following Trump’s tariff announcement but joins a wave of tech IPOs, including Circle and Figma. Klarna reported a $53 million second-quarter loss, widening from $18 million a year ago, while revenue rose 20 to $823 million. Klarna earns revenue from merchant transaction fees, interest on longer-term financing, and late fees.