Klarna Bank AB is seeking to raise at least $1 billion in a US initial public offering and is set to file publicly as soon as next week, according to people familiar with the matter.

KEY TAKEAWAYS Klarna Group is reportedly seeking to raise at least $1 billion in a U.S. IPO and is preparing to file publicly as soon as next week.According to Bloomberg, which cited people familiar with the matter,

Buy now, pay later giant Klarna is looking to file its initial public offering as early as next week, according to sources quoted by Bloomberg.