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RE: LeoThread 2025-02-03 09:39

Fintechs have been watching Swedish fintech Klarna's plan to go public closely — but many are waiting to see how it goes before deciding on their own plans.

With technology IPOs at historic lows, several startups have instead opted to provide employees and early shareholders liquidity by selling shares in the secondary market.

In November, Bloomberg reported that GoCardless had chosen investment bank Lazard to advise it on a $200 million secondary share sale. GoCardless declined to comment on the report.