KEY TAKEAWAYSSwedish fintech company Klarna said it has filed for a long-anticipated initial public offering in the U.S.Klarna said on Tuesday that it had “confidentially submitted” a draft registration statement to the Securities and Exchange Commission,

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing.Klarna confidentially submitted a draft registration statement to the Securities and Exchange Commission regarding the IPO,

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.

The Swedish 'buy now pay later' company began the process for a stock market listing with the Securities and Exchange Commission.

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing.Klarna confidentially submitted a draft registration statement to the Securities and Exchange Commission regarding the IPO,

The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven’t yet been decided.