Original article by Joyce Moullakis
The Australian Financial Review – Page: 15 & 19 : 3-Sep-25

Global digital bank and ‘buy now, pay later’ provider Klarna recently filed documents with the Securities & Exchange Commission for an IPO in the US. Klarna is currently believed to be valued at between $US13bn ($19.9bn) and $US14bn. The Commonwealth Bank’s latest annual report values its stake in Klarna at $956m, compared with a peak of nearly $3bn at the height of the BNPL boom. Analysts expect the Commonwealth Bank to sell down its Klarna stake, either via the IPO or on the open market; Hamish Carlisle from Merlon Capital Partners says Klarna has been "strategically peripheral" for the big four bank.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, KLARNA, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION, MERLON CAPITAL PARTNERS PTY LTD